Parliamentary Finance Committee talks about a decision that “created a crisis” for corrupt and thieves

The Parliamentary Finance Committee referred to the most recent Central Bank decision as “a crisis for the corrupt and thieves” and Iraq is preparing to implement it in approximately six days. The decision limits the delivery of dollars to travelers inside airports.

Individual from the Money Board, Jamal Kojer, said, “The choice will keep degenerate individuals from taking advantage of different deals outlets to carry cash,” focusing on that “restricting deals to the air terminal will guarantee that the cash arrives at the genuine voyagers.”

He stated that “this decision will not negatively affect citizens, but will besiege smugglers and corrupt people, as we discovered that millions of dollars are being stolen due to corruption, and the new decision will create a crisis for thieves and corrupt people who were exploiting the currencies that were supposed to go to travelers.” He added that “this decision will not negatively affect citizens, but will besiege smugglers and corrupt people.”

Koger focused on that the dependability of the dollar cost in the business sectors requires solid security activity on the lines to seek after bootleggers, as well as working with the tasks of the National Bank in dispensing it and expanding the amounts accessible in the cash closeout to address the issues of the market.

Since Eid al-Adha up to this point, trade rates have seen a “ongoing” ascent in the dollar trade rates, until the selling costs in the trade workplaces arrived at 150 thousand dinars for each 100 bucks.

In a report, the Financial Supervision Bureau said that more than 150,000 people bought dollars for travel but did not travel during the first half of 2023. As a result, they got 600 million dollars and sold them on the black market, where they made money off the difference in the value of the dollars.