DinarThug

LINK Parliamentary Finance: The budget will be applied and implemented retroactively for the past months 4th April, 2021 On Sunday, a member of the Parliamentary Finance Committee, Muhammad al-Shabki, stated that the budget will be applied and implemented retroactively for the past months that were not enacted, pointing out that the budget must be effective from the first of last January. Al-Shabaki said in a press interview, that "the federal budget for 2021 is supposed to be published in the Iraqi newspaper Al-Waqae' after it was decided by Parliament and voted on in general." He added that "the budget is considered effective from the first of January of the year 2021, despite the parliament voted on it on the 31 of last March." He explained that "the budget is applied and implemented retroactively for the past months, after Parliament voted on it after exceeding the specified date for its implementation."

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I Wonder If Any Pumper Guru’s Were In There ‘Downloading’ Intel ... Okie ‘Soiled’ Man Coming In For A Landing ...

Holy Crap - A Shiite Storm’s Coming To Iraq ! A huge wave of sulfur dioxide is on its way to Iraq ... a predictor confirms: it affects the eyes and the respiratory system 8,994 Sweeteners 2021/04/03 21:14 Baghdad Today - Follow-up The oldest weather forecaster at Basra airport, Sadiq Attiyah, warned today, Saturday, of a huge wave of sulfur dioxide gas that may reach Iraq in the coming hours, while indicating that this gas threatens the eyes and respiratory system. Attia said in a post on his Facebook page, "According to what environmental maps monitor, the arrival of a huge wave of sulfur dioxide (So2) heading towards the Levant, then Iraq and Turkey, was thrown by the Atna volcano on the Italian island of Sicily, which erupted for the seventeenth time in a row on the night yesterday". "Sulfur dioxide is considered a toxic gas (if its concentration increases in the air), it is colorless and has a pungent odor, and is naturally formed from volcanic activity and from the decomposition of organic matter. It can also be manufactured by burning sulfur or heating mineral sulfur compounds. This gas is released. In the atmosphere from oil refineries, factories and power plants that consume coal or oil. " He warned, "In this atmosphere, people breathe sulfur dioxide, which irritates the eye and respiratory membranes, and can dissolve in water droplets to form harmful acid rain." LINK

Representative Finance: Unenforceable opinions are not binding on the government Sunday 04th April 2021 Baghdad: Hoda Al-Azzawi Members of the House of Representatives submitted proposals regarding salaries, market prices and other files that followed the approval of the general budget law, while the Deputy Speaker of Parliament, Bashir Al-Haddad, announced that the 2021 draft budget will be referred to the relevant department for review and scrutiny. The law is likely to be sent to the President of the Republic during this week for approval and publication. In the official gazette, to come into effect after the Ministry of Finance issued instructions for implementing the budget. Al-Haddad said, in a statement: "After the budget is approved, the Parliamentary Affairs Department will check the articles of the law and match its texts to the final version before sending them to the Presidency of the Republic." In turn, the head of the Human Rights Committee, MP Arshad Al-Salhi, called on the government to distribute the salaries of employees for the next three months in dollars. In this regard, a member of the Parliamentary Finance Committee, Adnan Al-Zorfi, confirmed, in an interview with Al-Sabah, that “what the deputies propose is not binding on the government, and those proposals are not necessarily applicable,” indicating that “the matters that are applicable are those presented in the budget law. Create some ideas and opinions, but they are not binding on the government. ” He added, "The application of these proposals is due to the government and the monetary policy of the Central Bank in the process of approving the exchange process, and not to meet the desire of the representatives." The Adviser to the Secretary-General of the Council of Ministers for Financial Affairs, Obaid Mahal, told Al-Sabah: “Paying salaries in dollars to employees, as suggested by one of the representatives, is a defective thing, regardless of the economic damage that will be caused if this proposal is implemented, since the flag and currency are from State sovereignty, and we are in a sovereign state, and sovereign states have an exclusive right to dispose of their currencies. With regard to the budget and the texts that have been voted on, Mahal explained, “All the articles that have been voted in violation of the constitution, one of the articles of the constitution confirms that the session of the House of Representatives does not end without the approval of the budget and the discussion of it is not less, but with its approval, and this is what happened in 2014 and 2020 And it should have been approved before the end of the session, and in Article 60, those who prepare draft laws are the President of the Republic and the Council of Ministers only, and parliamentary proposals are submitted to the Council of Ministers, not to vote on them directly. The budget and make proposals to the government to increase some items, and when necessary, Parliament proposes to the Council of Ministers to increase the funds for expenditures, ”noting that“ until now we do not know what changes have been made to the budget, ”stressing that“ everything in the budget is contrary to the constitution. ” The head of the Parliamentary Human Rights Committee, Arshad al-Salihi, had attributed his demand to the government that salaries should be distributed for the next three months in dollars, so that the aggrieved citizen could return part of his stolen right, which would lead to a positive increase in the value of the Iraqi dinar. -Salhi said in a statement: His claim comes after the Ministry of Oil’s statement on the amount of its exports for the month of March, whose revenues amounted to $ 5.8 billion, the amount of exported oil 91 million and 311 thousand and 929 barrels, at an average price of $ 63.329 per barrel, despite OPEC’s decision to reduce production, indicating that The poor segment was exposed to outrageous damage as a result of the high price of the dollar against the Iraqi dinar by the Central Bank. He added that the responsibility entrusted to us is part of our supervisory duties, and based on the principle of preserving the rights of the citizen, we demand that the salaries of employees be distributed for the next three months in dollars. LINK

A deputy talks to NRT about steps to reduce the exchange rate ... The current situation is similar to the 1990s Posted 8 hours ago Deputy Khalaf Abdel Samad, on Saturday, mentioned the continuation of the demand to reduce the exchange rate of the dollar in order to restore matters to normal, indicating that the living situation is now similar to that of the siege in the nineties Abdul Samad said in a statement to NRT Arabia, (April 3, 2021), that "the living situation that the Iraqi citizen is going through now is similar to the state of siege in the 1990s that led people to sell their household goods in an effort to provide a living He added, "Our demand to reduce the exchange rate of the dollar is a fixed position that we will continue with," noting that it is "an opportunity to restore matters to normal and pressure the government and notify it of the danger of taking it on the livelihood of citizens LINK

LINK Parliamentary planning: The Chinese agreement is the only solution and saving the economy 14:26 - 04/03/2021 The Government Program Control and Strategic Planning Committee confirmed, on Saturday, that the only and saving solution under the current circumstance is that the government has started placing an amount of 100 million dollars in the Chinese-Iraqi Fund to implement agreements with the People's Republic of China and not to disrupt them. Deputy Chairman of the Committee, Deputy Muhammad al-Baldawi, said in a statement to "the information", that “all ministries have recruited their administrative and technical bodies to implement their own projects within the Iraqi-Chinese agreement and the government is supposed to start immediately placing 100 million dollars in the fund as it is a prerequisite for the implementation of the agreement projects.“ He added, "The only solution and implementation necessary under the current circumstance is that the government begins to place the specified amount in the Chinese-Iraqi Fund to implement agreements with the People's Republic of China and not to disrupt it." Al-Baldawi pointed out that "the forces of the Al-Fateh Alliance and most of the other political forces are among the most important supporters of the implementation of the draft agreement

LINK Parliamentary Committee: Implementation of the Chinese agreement is the best way to stimulate investment 13:32 - 04/03/2021 The Economic and Investment Committee considered, on Saturday, that the Chinese agreement is the closest and best to stimulate investment in Iraq for several reasons, asking the government to start now to complete the legislative and legal frameworks to start implementation. A member of the committee, MP Nada Shaker Jawdat, said in a statement to "the information", that "the group of memoranda of understanding in the Chinese-Iraqi agreement is the closest and best way to revitalize the Iraqi economy in terms of construction and investment." She added that "the government should start and as soon as possible an effort to complete the legislative and legal frameworks for the purpose of implementing those multiple agreements that include all the joints of the sectors in the country." "The implementation of these notes will lead to hundreds of thousands of job opportunities for the unemployed, as well as operating local professional sectors in the industrial and agricultural sectors," Jawdat explained.

With Haider Al-Abadi on the Ahmadi rug: Which is the strongest of your government or the Al-Kazemi government? 2021/04/03 17:57 Baghdad - Iraq Today: An Ahmadi rug is an example to speak with complete comfort and freedom without calculation, and we do not want to go into the origin of the example and its details, as some may disagree about it, but it is a common and circulated Arab example repeated by Egyptians, Moroccans and the people of the Arab East as well, so our conversation will be with ( Abi Yusr) on an Ahmadi rug, and not on anyone else. Two days ago, the former Prime Minister Haider al-Abadi appeared in a television interview, to open fire on everyone, and he probably only excluded himself and his bloc, and this is a human nature for everyone, especially the politicians, so everyone sees himself, his position and his stances very positive, while others see In the wrong places and these are understandable. But it is incomprehensible for a veteran politician like Al-Abadi, who spent long decades working in the ranks of a party like the Dawa Party, heading his political office, and could not put comparisons in its framework, and did not read the scene in all its dimensions, nor was it partial to benefit the marketing policy, especially since it is a competitor and researcher. About an opportunity like any other, not a historian or analyst of a political era. Al-Abadi says in his interview that the Al-Kazemi government was characterized by quotas, and that some political forces were able to push their candidates to the ministries, and this if it is correct. Ibrahim al-Jaafari, the foreign minister at the time, was a technocrat, or that Hoshyar Zebari was independent, or that Baqir Jabr al-Zubaidi was a civil activist, or Salman al-Jumaili was an international expert brought in to take over two portfolios ?! Nevertheless, there is no denying the merit of some of the security ministers of that era, especially Minister of Interior Qassem Al-Araji, and Irfan Al-Hayali, who were right heroes and beloved national competencies, who worked independently and professionally, in addition to the Minister of Oil, Jabbar Al-Luaibi, who was competent and known. We say this with the fact that sharing and party representation in governments is not a defect, and you, Mr. Al-Abadi, were living in Britain or democracy and pluralist governments emanating from elected councils. Each party that wins a number of legislative seats hopes to participate in executive decision-making and contribute to the implementation of its programs through policies. The state, and this is democracy, but to implement a political line and control another party line, as happened with your government when the al-Hili line - al-Allaq, for example, dominated the joints of the government and its work, and this is definitely not seen in the era of the Al-Kazemi government and we did not notice it with the testimony of its opponents before its supporters. The state belongs to a current, party, or parliamentary bloc, and you know more than others the good measure that Al-Kazemi shows in terms of independence and the tendency towards liberalizing government decisions. Moreover, the participation of the Sawiroun bloc in the government formation is a natural and expected matter, especially since the rest of the largest parliamentary bloc, which won the largest number of seats, and also, for example, Al-Fateh, Al-Nasr and others tried hard to find a foothold for them, but they did not succeed, and can you deny that! Then, when they did not succeed, they turned into clear parliamentary opposition. Most importantly of all, comparing the challenges of Al-Kazemi that he faced during the past months and his collision with the cartel of declared and hidden corruption, is extremely dangerous, as it is not possible to predict what has been achieved during the past months, which is barely ten months, and what the man has achieved in terms of the decline in the tide of corruption that accused the state In the era of all previous governments, without exception. Moreover, Al-Kazemi was able to balance Iraq's internal and external relations, remove it from the axis of America that you entered into, and distance it from the Iranian axis in which Abdul Mahdi has put him in it without much benefit, and here is Iraq now standing in the area of positive neutrality, and regaining everyone’s confidence. Al-Kazemi, for example, was able to follow the policy of internal communication, not intersection with others, and show the same degree of distance between him and all the forces, as he receives the political office of the Iraqi Communist Party, for example, and also the political office of the Dawa Party, the Sunni Islamic or Kurdish Democratic Party and other forces As well as opening the doors of his office to the public and meeting people in every forum or occasion, and this never happened during your era. Al-Kazemi and his government are paying your government's dues with its strange austerity measures, and the policy of negligence that Abdul Mahdi pursued behind you, from the "era" of bankruptcy, extreme austerity, withholding jobs and stopping the wheel of reconstruction, to the era of spending without "heartache" and dispelling what was collected in the coffers, and the result is a disaster that Al-Kazemi faced With confidence and overcome it through wise and thoughtful policies. On top of all this, Al-Kazemi does not intend political color or national or sectarian affiliation as a criterion, and you can read the man’s team and the names that work with him, while the government that you headed was the monopoly of one side and one particular color. A little fairness in politics is worth a lot in the eyes of the street, who knows the secrets and misfortunes as well. link

LINK A Kurdish delegation to visit Baghdad: implementation of the budget may extend to next year 3rd April, 2021 Samir Hawrami, spokesman for the Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, announced that a delegation has been sent to the Iraqi capital to discuss the implementation of the budget law. 895 billion dinars. Hawrami said in a televised interview: "We are waiting for how the Iraqi government will send the Kurdistan region’s share of the budget, and this month is an experiment, and if the revenues reach an addition of 50% of the non-oil revenues to 895 billion dinars, then salaries will be distributed without any deduction." He explained that "it may require the delegation of the Kurdistan region to make another visit to Baghdad to set up mechanisms for how to apply the law." On the debts of the Iraqi Trade Bank TBI owed by the Kurdistan region, he said that it amounts to about 5 trillion dinars, and according to one of the paragraphs of Article 11 of the budget, the Kurdistan Regional Government must pay those debts to the bank within 7 years. He went on to say that he believes, with many other Iraqi officials, that the 2021 Budget Law will also be applied next year, “because the elections will be held in October and the budget cannot be prepared at that time.”

The distribution of salaries in dollars ... a scenario that escalates in parliament: will it happen and what is its danger? 2021-04-03 Yes Iraq: Baghdad After the dollar pricing file was officially resolved in the budget and the door was finally closed to any efforts to change it and restore it to its previous position, parliamentary votes began proposing an alternative solution that had been proposed earlier to control the price of the dollar in the market and prevent its rise to more than the official pricing. The matter started from a proposal from the Parliamentary Finance Committee represented by its member, Representative Muhammad al-Shabaki, when it was proposed to spend half the salary for employees of non-sovereign ministries in dollars for two months and at a subsidized price to address the difference between supply and demand for hard currency, which would contribute to the stability of its prices. Al -Shabaki said in a press statement, "The Parliamentary Finance Committee was keen to take a set of measures and include them in the text of the budget in order to reduce and limit the damage that resulted from the high exchange rate of the dollar against the dinar," indicating that "among those measures is the increase in the allocations of the ration card items." "With the aim of distributing them on a monthly basis, what affects the stability of prices in the market for basic commodities such as edible oil, sugar and rice, as a result of the balance of supply with demand." He pointed out that “and within a personal proposal and not a proposal from the Finance Committee, I see the need for the government to spend 50% of the two-month salary for employees in non-sovereign ministries exclusively in dollars and the other half in Iraqi dinars, and that the price is supported between 1300-1350, which clearly contributes to controlling the price of the dollar. In the market, by addressing the issue of a demand for the dollar, but there is no supply, but then the dollar will be available to employees and not only to banks, which reduces the demand for it and speculation in its prices. Human rights are joined For his part, the head of the parliamentary human rights committee, Arshad al-Salhi, called on the government to distribute salaries for the next three months in dollars instead of the Iraqi dinar. Al-Salhi said in a statement today, that “after the Iraqi Ministry of Oil’s statement on the amount of its oil exports for the month of March, revenues amounted to $ 5.8 billion, indicating that the amount of exported oil is 91 million 311 thousand and 929 barrels, at an average price of $ 63.329 per barrel, despite OPEC’s decision to reduce production. “. Al-Salihi called on the government to distribute salaries for the next three months in dollars so that the aggrieved citizen can return part of his stolen right, which will lead to a direct increase in the value of the Iraqi dinar. How much is the value of salaries? While the value of monthly salaries in Iraq is equivalent to about 6 trillion dinars, salaries used to cost the state according to the previous price of the dollar, about 5 billion dollars, but after the decision to reduce the value of the dinar, the state had to pay only 4.1 billion dollars at the new price of the dollar, which equals 6 trillion. Dinar. And if the government is forced to pay half of the salaries in dollars, this means that it will pay perhaps 2 billion dollars, compared to 3.1 trillion as well. Earlier, before the devaluation of the dinar and the continuing fluctuation of the dollar’s prices, the Finance Committee demanded a similar request, but an economist considered the step "dangerous." The specialist in economic affairs, Maytham Laibi, described the proposal to distribute the salaries of state employees "in dollars" as "an" improper "proposal and a step that threatens the national economy. Laibi said in a press statement, "This proposal is not valid, and it will negatively affect the Central Bank in particular and the state budget in general." He stressed, "The distribution of salaries in dollars will lead to the loss of monetary policy represented by the Central Bank, which is one of its most important functions to control the money supply, and the exchange rate, indicating that this step will increase" dollarization "operations, which means a decrease in the operations of keeping the dinar as a store of value. Laibi said, “It is not certain that there will be a decrease in the demand for dollars in the currency auction if the state’s salaries are distributed in dollars.” He added, "speculators and bankers will continue to speculate on the dollar for the purposes of achieving quick profits, expecting that the difference between the exchange rate for buying dollars by speculators and the price at which employees receive dollars will increase." LINK

A statement from the Minister of Finance regarding the currency’s rate and the state’s performance makes a promise to citizens 8,931 Sweeteners 2021/04/03 16:37 Baghdad Today - Baghdad Today, Saturday, Minister of Finance Ali Allawi made a new statement regarding the exchange rate of the dinar against the dollar, which was approved by the House of Representatives in the 2021 budget of 1450 dinars, and before it, after its implementation last December, raised strong popular objections. Allawi said in a video clip published by the Ministry of Finance on its Twitter account, "We started with reforms, we started the process of automation, reform processes related to the currency and the exchange rate, and these are all measures aimed at strengthening the Iraqi economy." In a new government promise, he added, "The citizen will see an improvement in light of the results that will happen in improving the performance of the state and employees, especially in the operations of citizens, and he will see that the state will transform from a state that complicates and obstructs, to a state that helps and serves, and all this will be done through the process of modernizing devices through policies. Responsible and efficient. " Earlier, the Minister of Finance, Ali Abdul-Amir Allawi, revealed what he described as "collusion" that contributes to plundering state funds, while talking about customs and the prices of the smallest job in it. Allawi said, in a statement carried by Agence France-Presse, that "there is a kind of collusion between officials, political parties, gangs and corrupt businessmen," noting that "this system as a whole contributes to the plunder of the state." He added, "The price of the smallest job in customs ranges between 50 thousand dollars to one hundred thousand dollars, and sometimes it increases to many times that." The Minister of Finance added, "Parties and armed groups use their political influence to maintain their positions that allow them to accumulate money, and they do not hesitate to threaten to use violence." Allawi continued, saying: link

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LINK Iraq signs a memorandum of understanding with Switzerland and discusses the fate of its money in its banks 3rd April 2021 Minister of Foreign Affairs Fouad Hussein discussed, on Saturday, with his Swiss counterpart Ignazio Cassis the fate of Iraqi funds frozen in Swiss banks. In a joint press conference with the Swiss minister in Baghdad, Foreign Minister Fuad Hussein said, "We discussed bilateral relations in the fields, and we touched on Iraqi funds frozen in Swiss banks and signed a memorandum of understanding with Switzerland." He added, "We discussed immigration issues at the Swiss and European levels and a solution for refugees or asylum seekers was developed, and we touched upon the issue of reopening the Swiss embassy in Baghdad. For his part, the Swiss Foreign Minister said: This is the first visit of the Swiss foreign minister to Iraq at all, and I will conduct a tour in Lebanon and Jordan have the same goals that support stability. He stressed: We seek to establish correct relations with the aim of restoring stability to the region, and we admire the Pope's message on Iraq and support the reforms of Iraq.

LINK Al-Haddad: The budget entered a new path that precedes the approval of the presidency 3rd April, 2021 The second deputy speaker of Parliament, Bashir Al-Haddad, announced, on Saturday, that the draft budget for 2021 will be referred to the relevant department, while it is likely to be approved by the Presidency of the Republic this week Al-Haddad said in a press statement followed by Al-Eqtisad News, that "after the House of Representatives voted on the draft federal budget law for 2021, the draft law was transferred to the relevant department for review and scrutiny He added, "After the budget is approved, the Parliamentary Affairs Department will check the articles of the law and match its text with the final version before sending it to the Presidency of the Republic He favored "sending the law to the President of the Republic during this week for approval and publishing it in the Official Gazette, to enter into force after the Ministry of Finance issued instructions for implementing the budget

LINK Al-Haddad announces the date of sending the 2021 budget to the President of the Republic 04/03/2021 16:29:30 Deputy Speaker of the Iraqi Parliament, Dr. Bashir Khalil Al-Haddad explained: After the House of Representatives voted on the draft federal budget bill for 2021, the draft law was transferred to the relevant department for review and auditing, noting: “After approving the budget, the Parliamentary Affairs Department will scrutinize the articles of the law and match its texts in the final form before sending it to the Presidency of the Republic.” The President of the Republic, during this week, to be approved and published in the Official Gazette, to enter into force after the Ministry of Finance issued instructions for implementing the budget.

LINK When does the budget law enter into force? 4th April, 2021 The Parliamentary Finance Committee confirmed, on Saturday, that the Federal Budget Law for 2021 will enter into force as of the beginning of this year. The deputy of the committee, Sherwan Mirza, said that "the Presidency of the Council of Representatives will send the federal budget law for the year 2021 to the Presidency of the Republic for the purpose of ratification, and then the law will be published in the Iraqi newspaper Al-Waqa'i’." Mirza added, "The budget law will enter into force after that and with retroactive effect, meaning from 1/1/2021 until 12/31/2021," noting that "these measures did not take a long time and the law will come into effect soon." He stated, "The Federal Ministry of Finance will also issue budget instructions without changing any article of the federal budget law for the year 2021."

LINK Delegations from Kurdistan visit Baghdad to discuss these files? 4th April, 2021 The Parliamentary Finance Committee revealed, on Saturday, recent visits by Kurdish delegations to Baghdad to discuss several files. The deputy of the committee, Sherwan Mirza, said that "the Ministry of Natural Resources in the Kurdistan Regional Government will discuss the mechanisms for the delivery of oil imports with the Ministry of Oil and officials in the federal government." He added, "The Ministry of Finance and the Office of Financial Supervision in the Kurdistan Regional Government will also settle financial dues with the Ministry of Finance and the Office of Financial Supervision in the federal government." Mirza continued, "Technical delegations will visit Baghdad to discuss these issues and resolve them between the two sides because the budget law will be implemented retroactively and it needs to know the size of the financial dues for each government during the past months of this year."

LINK Baghdad and Washington in a new round of strategic dialogue 04/03/2021 07:59:46 Baghdad and Washington will enter, on the seventh of April, a new round of strategic dialogue, amid expectations that it will be different from its predecessors, under the Democrats’ management of the White House, and will include economic, political and security axes. Member of Parliament, Sarkut Shamsuddin, said in a press interview, that "this dialogue is the first of its kind since US President Joe Biden assumed the leadership of the United States with the Iraqi government," noting that "it differs radically from what happened during the past year." Shams al-Din called the Iraqi negotiator to "use this opportunity, which he described as golden, to present the paragraphs he needs and what he wants financially, security, economically and politically, and his future national vision for regional problems in front of the White House officials because it will be included in the Middle East strategy that US President Joe Biden will follow." He explained that "Iraq did not gain anything from the previous dialogue because it coincided with the American elections and the selection of a new prime minister for the country, in addition to the problems related to the drop in oil prices, elections and the budget," stressing that "the current internal situation is better now with a strong government that has reached a satisfactory agreement with the House of Representatives." It was conducive to passing the budget and solving problems with the Kurdistan region." A member of the House of Representatives added that "the Biden administration wishes to assist Iraq at all levels, especially in the reconstruction of liberated areas and compensation for the affected," noting that the US administration is ready to provide all the assistance that Iraq desires, on the condition that it present a national vision for Iraq in general from Zakho to Basra." In turn, a member of the Parliamentary Security and Defense Committee, Badr Al-Ziyadi, revealed that "the Iraqi government has files to discuss within the plan of Prime Minister Mustafa Al-Kazemi regarding the security situation in particular." Al-Ziyadi added that "in this dialogue, the main points must be fixed so that it can be benefited from and not be formal. There must be constants concerning Iraq as it needs a lot and diplomatic relations must be used." On himself in defending his borders without the need for forces. ############ Baghdad and Washington's strategic dialogue ... a golden opportunity and an American condition for Iraq LINK

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An economist talks about a "hidden war" that the state is waging to protect its financial policy 1,374 Economie 2021/04/02 18:54 Baghdad today - Baghdad The economic expert, Rasim Al-Akidi, spoke today, Friday, about a "hidden war" that the government is waging with tools that work for regional countries, and seeks to hit the government's financial policy, after the decision to raise the dollar exchange rate. "The high exchange rate of the dollar after the approval of the Iraqi budget for the year 2021 is not surprising to us, and we expected it several weeks ago," said Rasim al-Aqidi, in an interview with (Baghdad Today), pointing out that "the government adopted the framework of the dollar-administered float to legalize its sale and prevent its smuggling abroad." In various ways, but at the same time it lost control of the price movement system for goods and materials, especially basic foodstuffs. Al-Aqidi added, "The government is currently fighting a hidden war with multiple tools working abroad for the benefit of regional countries, and is seeking to strike the financial policy adopted by Baghdad, after the decision to raise the dollar exchange rate," indicating that "the war comes in terms of introducing imported materials illegally." Or obtaining discounts, as well as tax evasion. " He continued, "Under the current circumstances, the dollar has become subject to the free float framework in the manner of speculation, supply and demand, which means that its rise to the top is very possible, but in return the government will not push into pumping large sums of money in an attempt to thwart what those parties and tools want." The economic expert pointed out, "The government unfortunately lost the principle of a sensitive balance between local production and its ability to cover market needs, so there is no consensus or coordination between the relevant departments in order to provide production and marketing requirements, and this is not in the government's interest." link