Finance Committee excludes the high value of the dinar again
Thu Nov 17, 2011 9:48 am
Baghdad / Iraq's future
Eliminated by the Parliamentary Finance Committee MP for the Kurdistan Alliance Najiba Najib increase the price of the Iraqi dinar against the U.S. dollar over the next year as a result because the Iraqi economy is still dependent on oil revenues annually. Said Najib told a news briefing yesterday, "
I expect during the year (2012) to keep the Iraqi dinar its price to the U.S. dollar did not increase its value the fact that Iraq's economy is still one-sided dependent on oil Baaradath annual.
The answer: If the government wants the federal and relevant state of Iraq to make the dinar Iraqi strongly toward foreign currencies, it should consider how to strengthen the Iraqi economy and its diversity through the activation of all economic sectors in the country.
It continued that there are frequent meetings by the management of fiscal and monetary policies, and some members of the Knesset Finance on how to strengthen the Iraqi dinar against foreign currencies, saying: far failed to take practical measures to this thread but keep its price will continue until next year.
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