8 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Amer Abdul Jabar Urges Economic Reforms
The article focused on the call made by MP Amer Abdul Jabar to amend Iraq's economic policies in order to stop the bleeding of national wealth caused by the price gap between the official dollar exchange rate and its rate in the parallel market. It highlighted figures indicating that the Iraqi people have suffered losses exceeding $27.3 billion during the previous government, with an average daily loss of nearly $21 million. These losses have continued, amounting to more than two billion dollars under the current government up to July of this year. The article also pointed out that the price difference increased in September to 290 dinars per dollar, the highest level since 2003. Abdul Jabar called for an urgent review of economic, monetary, and financial policies to reduce this hemorrhage and transform the wealth into sources that support the national economy instead of impoverishing it.
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