The Iraqi dinar deepens the pain of the poor, ignites inflation and an emergency plan for reform is needed
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The Iraqi dinar deepens the pain of the poor, ignites inflation ... and an emergency plan for reform
Official data revealed an increase in poverty indicators in Iraq, and high inflation rates after the decision to raise the exchange rate of the Iraqi dinar.
And the Iraqi Ministry of Planning announced, today, Monday, that poverty indicators have risen in the country, and that it has completed a three-track reform plan concerned with developing remedies and finding solutions to reduce levels of inflation and economic contraction.
A spokesman for the ministry, Abdul Zahra Al-Hindawi, said in a statement, that Al-Ain Al-Akhbariya obtained a copy of it, that "after raising the dollar exchange rate, the inflation index rose by 4.9 to 5%, while the primary poverty indicators increased by 26 to 27%." .