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وكالة بغداد اليوم الاخبارية
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وكالة بغداد اليوم الاخبارية

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وكالة بغداد اليوم الاخبارية

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Iraqi Communists Call for Dollar Price Rollback

Iraqi Communists Call for Dollar Price Rollback

The Iraqi Communist Party today, Thursday, called on the government to reverse the decision to raise the official exchange rate of the dollar to 1,520 dinars, holding the government and political forces responsible for the repercussions on citizens, especially those with limited income. The party emphasized that this decision increases the burdens of the economic crisis on marginalized classes and the working poor. It called for a shift in economic policy, moving from a rentier economy to a productive one that supports industry, agriculture, and services. Furthermore, it demanded safeguards for those with limited income through urgent measures to enhance their purchasing power, improve the food ration card, increase wages, and strengthen social protections. Regarding solutions, the party outlined three main demands: cancel and review the decision to raise the exchange rate; implement a package of economic and monetary measures to address the crisis; and adopt a fiscal policy based on tax reforms targeting high wealth and income, eliminating privileges, reducing expenditure, fighting corruption, and combating customs evasion. The party also called on affected citizens to participate in peaceful protests and warned against the suppression of dissenting voices, holding the government responsible for such actions.

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