8 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Baghdad Advisor Assures Dinar Stability
The article discusses the precautionary measures taken by Iraq to protect its financial and monetary stability from external shocks, especially amidst regional and international crises and their impact on oil prices and international trade movements. The financial advisor to the Prime Minister explained that measures such as monetary and fiscal policies, customs tariffs, taxes, and government support aim to regulate import movement, boost revenues, and rationalize the use of foreign currency without burdening citizens or causing unjustified price hikes. He emphasized that these measures contribute to building a financial and monetary safety margin, with a focus on managing potential crises resulting from declining oil revenues or foreign exchange flows. The article concludes that the integration of monetary and fiscal policies, along with exchange, tax, and support measures, forms a comprehensive system to shield the Iraqi economy from fluctuations in global markets.
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