In a televised statement, Riyadh Al-Masoudi: The government may change the current exchange rate during the coming period

Member of Parliament for the Saeron Alliance, Riyad Al-Masoudi, affirmed that: The government may change the current exchange rate during the coming period.

He said in a televised statement that: Changing the exchange rate is an executive government order, and if the appropriate ground is found for changing it, it is in accordance with a government request to Parliament in accordance with the constitution.

Al-Masoudi added that: changing its price has created a turbulent economic environment, and the government may change the decision at any moment if it is in the supplementary budget after months or in the next budget.

He explained that: There are several problems that have not been resolved in the budget, with new visions about the price of a barrel that require reaching understandings.

Al-Masoudi continued, “Tomorrow and Monday morning, there will be several meetings and intense discussions to reach consensus on the budget, which is not limited to the relationship with the region, but there are other matters related to appointments, the exchange rate and others.”

He explained that: The lack of a budget and a final account for the past year led to the delay, in addition to some pressures to obtain electoral propaganda, and we need a balanced budget, with the consensus of all.

 

Source: National Iraqi News Agency

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