WOTS NOV 24 21 A financial official talks about the expected exchange rate in the 2022 budget

Published: Nov. 26, 2021, 12:27 a.m.

WOTS NOV 24 21 A financial official talks about the expected exchange rate in the 2022 budget

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Finance issues an “important” clarification regarding the possibility of adjusting the dollar exchange rate

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On Wednesday, the Ministry of Finance issued an important statement regarding the possibility of adjusting the dollar exchange rate and patching the value of the Iraqi dinar, stressing that the 2022 budget will provide opportunities for social protection in Iraq.

The Ministry of Finance said in a statement received by Shafak News Agency, "In the past few weeks, there have been statements among senior political figures regarding the appropriate exchange rate," adding, "The Ministry of Finance has addressed this issue several times and in a number of detailed presentations regarding the strategy and policy behind exchange rate adjustment.

She explained, "We would like to reiterate our position and hope that by presenting our policy in a clear and convincing manner, the next government will have the correct basic information to interact with this matter, knowing that the international community has supported the exchange rate adjustment, as the International Monetary Fund, the World Bank and all industrialized countries supported the step." publicly and in documents and reports published by them.


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