21 Hrs
Source:
وكالة موازين نيوز
Government plans to boost commerce
An Iraqi government official confirmed that the government is monitoring the slowdown in commercial activity in local markets and is working on approving a package of measures to stimulate economic growth and protect citizens' purchasing power. The plans include addressing economic challenges resulting from regional tensions and the potential closure of the Strait of Hormuz, with a focus on easing project financing and supporting the private sector. The official also denied any final decision regarding changing the national currency, emphasizing the importance of transparency and cooperation among relevant authorities to improve economic performance, and calling on citizens and traders not to pay attention to rumors.
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