Leftists oppose currency adjustment threats
The article explains that Iraq is facing an economic crisis due to the government's decision to devalue the Iraqi dinar and raise the dollar exchange rate to 1520 dinars, which has led to rising prices of essential goods and a decline in citizens' purchasing power, especially among the poor and middle classes. The signatories of the statement, which includes leftist and democratic figures, affirm that the crisis resulted from decades of corruption and economic waste. They argue that fundamental solutions require recovering looted funds, implementing progressive taxes on profits and wealth, reducing privileges, and supporting industry and agriculture. They call for a reconsideration of the decision to devalue the currency and for measures to protect citizens' salaries and wages, advocating for social justice and confronting rentier capitalism to mitigate the crisis's impact on the lives of the poor.
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