Dinar Iraq News
Finance Committee discussed proposals that will create balance between USD and IQD
Posted: April 11, 2013
BAGHDAD (Iba) .. A member of the parliamentary Finance Committee
Ibrahim al-Mutlaq, the committee discussed several proposals to create a
balance between the U.S. dollar exchange rate and the exchange rate of
the Iraqi dinar, adding that proposals relating to tax Emark and civil
and open banks in all provinces.
He Mutlaq told the independent press (Iba) “The recent period has
seen a big rise in the exchange rate of the dollar against
الدينارالعراقي a result of some action taken by the Central Bank مادفع
Committee of Finance to submit several proposals at its recent creation of balance and equality between the dollar and the Iraqi dinar.”
And between al-Mutlaq said that “the most important proposals
considered by the Finance Committee, which will be applied on the ground
include some procedures related Emark and tax rates and other measures
related to the Central Bank and the opening of banks civil and determine
the interest rate in addition to the opening credits of banks civil and
governmental significantly.”
He stressed that “the more credits today limited to the Bank of TBE
government that determines remittances scope is too narrow, calling” to
opening credits largest in all provinces and banks to expand the banking
business, and to be transfers through credits and not through (Cache)
or criticism, stressing that
All of these important factors will help to stabilize the currency and
equity between Ataralammeraki and the Iraqi dinar.
source : Iraq Independent Press Agency News
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