Al-Sudani threatens private banks that violate the terms of selling the dollar with penalties
6 hours ago Iraq
Nawa:
Prime Minister Muhammad Shiaa Al-Sudani confirmed that the early elections come after the House of Representatives approved a solution for itself, threatening private banks that violate the conditions for selling the dollar with penalties.
Al-Sudani said during the press interview he conducted with The National newspaper, according to a statement by his media office, that “the political disputes in Iraq are within their natural context, and resorting to the Federal Court is a healthy sign for the political system, and that all forces are talking today about providing services and developing the economy, after the talk was about Sectarian, ethnic and components.”
Regarding the dollar crisis and the war on corruption, Al-Sudani stressed, “There is a war on corruption, and we have included the recovery of funds and wanted persons, within a systematic anti-corruption policy, and that reforms in tax, customs, and electronic payment all establish an environment that attracts the private sector and facilitates its work.”
He continued, “The price of the dollar is related to the special reforms of the banking and financial sector, and the government has begun implementing the reforms, despite their social cost,” explaining that “exchange rate fluctuations are a battle between the state that wants to stabilize correct transactions, and a group that used to live on the dollar.” He added that “illegal
outlets Goods enter from it, and no taxes are paid, and it is money that goes to the parallel price, and private banks take the dollar from the central bank and sell it in the parallel market, and these will be subject to sanctions.”
