Al-Kanani: government plans dollar at 165,000 in September

MP Ahmed Salim Al-Kenani from the State of Law Coalition revealed that the government plans to raise the exchange rate of the dollar to between 160,000 and 165,000 Iraqi dinars per 100 dollars by September 2026, instead of the current rate of 132,000 dinars. He reminded that this measure is intended to cover operational expenses, especially salaries and social allowances, by imposing an additional customs fee of 15% and a sales tax of 3%, which may lead to rising prices and a negative impact on citizens' purchasing power.

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