Economist: Iraqi-American talks expected regarding the exchange rate of the dollar

Baghdad, The expert in economic affairs, Salam Sumaisem, announced: “There are expected discussions that will be held between Finance Minister Taif Sami and the US Treasury Secretary to develop solutions for the price of the dollar.”

Sumaisem said in a statement to the National Iraqi News Agency / NINA /: “The approval of the budget faces great challenges that the government must expedite in resolving.”

She explained: “The budget faces the challenges of monetary instability due to the discrepancy in the exchange rate of the dollar and the discrepancy in the price of a barrel of oil and other political issues, in addition to the absence of prior financial planning,” noting: “This chaos needs a serious political decision to expedite the approval of the general budget to implement discontinued service projects.

Source: National Iraqi News Agency