Traders are heading to sue the fiscal and central currency over devaluation

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Traders are heading to sue the fiscal and central currency over devaluation

https://iraqakhbar.com/2822970

 

News source / Independent Press Agency

News source / Independent Press Agency

 

The independent .. Commercial circles across Iraq are heading towards registering a lawsuit against the Minister of Finance and the Governor of the Central Bank of Iraq for approving the law of devaluation of the Iraqi currency.

The trade expert and a consultant to the Baghdad Chamber of Commerce, Salah Al-Shami, said that the decision to devalue the currency does not carry any positive trends, but rather harms the national economy and the commercial sector in particular.

He pointed out that all the measures adopted by the affected business family are in accordance with the law in force in order to reverse this decision, which paralyzed the commercial movement and inflicted great losses on the Iraqi merchant.

He indicated that the type of damage that the national economy was subjected to will be determined in detail, so that everyone can be informed of the great imbalance that the economy was exposed to as a result of devaluation.

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