Central Bank Governor: The Iraqi Reserve is still in good standing
Today, 15:15
41
Baghdad - IQ
Central Bank Governor Mustafa Ghaleb Makhaif confirmed, Sunday, (December 20, 2020) that the Iraqi reserve is still in good standing, while noting that the Ministry of Finance is responsible for supporting the poor classes.
"The Ministry of Finance has officially requested an increase in the exchange rate to 1450 dinars to one dollar," Mukhaif said in a statement to state television, which will be shown this evening.
He added, "The World Bank in 2014 asked to raise the exchange rate of 1500 dinars against the dollar," noting that "the Iraqi reserve is still in good standing."
He added that "the Ministry of Finance is responsible for supporting the poor," noting that "it will double the sums for social welfare."
The financial governor called for "enhancing customs revenues," noting that "the ministry promised to automate the work of customs and ports."