Planning: We will soon present recommendations to the Council of Ministers to address the repercussions of changing the exchange rate

[yota691]

Planning: We will soon present recommendations to the Council of Ministers to address the repercussions of changing the exchange rate

Economy| 01:51 - 03/27/2023

 

 

 

 

Baghdad - Mawazine News
The Ministry of Planning announced, on Monday, that it will soon submit recommendations to the Council of Ministers to address the repercussions of changing exchange rates on the economic movement.

The ministry said in a statement, "The Undersecretary for Technical Affairs, Maher Hammad Johan, held an extensive meeting with the participation of the Investment Commission and a number of government agencies, representatives of the Iraqi Contractors Union, the Iraqi Federation of Industries, the Baghdad Chamber of Commerce, and the Foundation for Sustainable Development, to discuss the effects of changing the exchange rate on the market." Iraqi.

She added, "The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and commercial movement," stressing that "the ministry will present its recommendations to the Council of Ministers during the coming period." Ended 29/N33

[yota691]

Planning: Recommendations to the Council of Ministers regarding the repercussions of the exchange of the dollar on the Iraqi market

• Time: 03/27/2023 13:49:59
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• Read: 897 times

 

  

{Local: Al Furat News} Today, Monday, the Ministry of Planning began discussing the effects of changing the exchange rate on the Iraqi market.

And the ministry’s media mentioned in a statement received by {Euphrates News}, “The Undersecretary for Technical Affairs, Maher Hammad Johan, presided over an expanded meeting, with the participation of the Investment Authority and a number of government agencies, representatives of the Iraqi Contractors Union, the Iraqi Federation of Industries, the Baghdad Chamber of Commerce, and the Foundation for Sustainable Development.” ". 

The statement added, "The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and commercial movement." 

He pointed out that "the ministry will submit its recommendations to the Council of Ministers during the coming period." 

It is worth noting that the Prime Minister, Muhammad Shia' al-Sudani, had directed that the Ministry of Planning conduct a study of the effects of changing the exchange rate on the Iraqi market.

[screwball]

25 minutes ago, yota691 said:

Planning: Recommendations to the Council of Ministers regarding the repercussions of the exchange of the dollar on the Iraqi market

• Time: 03/27/2023 13:49:59
•  
• Read: 897 times

 

  

{Local: Al Furat News} Today, Monday, the Ministry of Planning began discussing the effects of changing the exchange rate on the Iraqi market.

And the ministry’s media mentioned in a statement received by {Euphrates News}, “The Undersecretary for Technical Affairs, Maher Hammad Johan, presided over an expanded meeting, with the participation of the Investment Authority and a number of government agencies, representatives of the Iraqi Contractors Union, the Iraqi Federation of Industries, the Baghdad Chamber of Commerce, and the Foundation for Sustainable Development.” ". 

The statement added, "The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and commercial movement." 

He pointed out that "the ministry will submit its recommendations to the Council of Ministers during the coming period." 

It is worth noting that the Prime Minister, Muhammad Shia' al-Sudani, had directed that the Ministry of Planning conduct a study of the effects of changing the exchange rate on the Iraqi market.

Isn’t the ministry of planning who years ago had the 1.12 rate or there abouts listen on their website for contracts?

[WheresmyRV?]

1 hour ago, screwball said:

Isn’t the ministry of planning who years ago had the 1.12 rate or there abouts listen on their website for contracts?

I think so, back in 2013.

[horsesoldier]

Oh great, Soon. For a minute there i thought they'd drag this out. 

[NoviceInvestor]

That magic word again —- SOON 😃

[Laid Back]

Every time I hear the ministry of planning, it reminds me the feasibility study on the dinar exchange rate. $1.13 per dinar.

 

Go Stronger dinar $1+

[Spartakus]

I also remember that the Ministry of Planning stating that in order to use the ATM that the zeroes had to be dropped from the rate. Anyone else remember that article back in the days?

 

[Gypsygirl11]

Soon...lol

[3n1]

50 minutes ago, Laid Back said:

Every time I hear the ministry of planning, it reminds me the feasibility study on the dinar exchange rate. $1.13 per dinar.

 

Go Stronger dinar $1+

 

i also remember the feasibility study that was done with the 1.13 rate used, FOMO kicked in for many  .... letsroll

[utah rock]

59 minutes ago, Laid Back said:

Every time I hear the ministry of planning, it reminds me the feasibility study on the dinar exchange rate. $1.13 per dinar.

 

Go Stronger dinar $1+

It make me thing of Harry Potter for some strange reason… go RV/RI!

[screwball]

8 hours ago, WheresmyRV? said:

I think so, back in 2013.

i onyl remember rates been on their website and bank of baghdad had the old 3.22 rate up there for years around 2003

[screwball]

3 hours ago, 3n1 said:

 

i also remember the feasibility study that was done with the 1.13 rate used, FOMO kicked in for many  .... letsroll

correct!

[Dandy1]

How can they discuss "repercussions of changing exchange rates" without discussing the rate? Don't they need to know the rate they are discussing? TELL US!!!!

[3n1]

15 hours ago, yota691 said:

The meeting discussed a number of proposals and recommendations

 

if they need some help ill propose a great rate to start with 🤣  dont remember reading any ministry of planning meetings when the rate had a small adjustment in parliament a little while ago , heres hoping this is a positive for iraq and its investors .. we wait