Parliamentary Finance stresses the need to put in place packages to control the dollar exchange rates

The Parliamentary Finance Committee stressed the need to develop packages to meet the challenges facing monetary policy to control dollar exchange rates.
The Information Department of the House of Representatives said in a statement received / Mawazine News / copy of it, that “the Finance Committee held a meeting, chaired by Atwan Al-Awani and the presence of members of the subcommittee (Central Bank and Bank Committee) today, Sunday, 15/10/2023, to discuss the report prepared by the subcommittee on the procedures of the Central Bank and private banks as well as monetary policy in the country.”
During the meeting, which was held at the committee’s headquarters, Al-Awani stressed “the importance of following up all measures related to economic affairs and tax automation as the basis for money and the economy, in addition to finding a practical and realistic study by the committee in implementation of the supervisory role, to maintain financial and banking stability, as well as the process of dealing with monetary policy.”
The statement added that “the committee discussed at the same time the reasons for the rise in the exchange rates of the dollar against the dinar and the need to control the labor market and put it on the right track, as the committee stressed the importance of activating the private sector and inviting investors and traders to listen to the relevant opinions and proposals.”
He continued, “The Finance Committee listened to the report of the subcommittee on the policy of the Central Bank and private banks, an evaluation of the management of dealing and the tasks of the bank in financial deliberations and the development of packages to face the challenges facing monetary policy, to control exchange rates, in addition to the topics of granting loans and the housing initiative.” Ended

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