KTFA:

Samson:  Al-Shammari: Talking about changing the exchange rate is a media bid

06/26/2022 17:23:09

 A member of the Political Bureau of the National Wisdom Movement, Fadi Al-Shammari, commented on the circulating statements regarding changing the exchange rate.

 Al-Shammari said in a brief statement, of which {Euphrates News} received a copy, that: "Talking about changing the exchange rate is unrealistic and a media bid to lure people's emotions at the expense of the truth.

Today, in a statement, the Parliamentary Finance Committee denied the possibility of restoring the dollar exchange rate, stressing that it confuses the market." and investment projects.    LINK

MilitiaMan:  We need to know who is saying what and to what if any bias they may have. This guy is apparently biased, based of the below credentials noted. This guy is connected to Maliki all day long. imo.

When they agreed to devalue in 12/19/2020 was that realistic? Sure, it was for realistic reasons to get out of a crisis. It was to be short lived and that has come and gone.

What has arrived however, is the EFSL. It is now law. Something even Jamal Cougar was for in May 2022. The guy is all over the place and an opportunist and likely a propogandist. Something that is to be expected in the end..

Lets go with what we know. They have all the Finance issues sorted. The AYSCUDA is up and ready. The Buna is up and tested and ready. The EFSL is law. They have not yet exposed that fact in the Gazette that I am aware of yet. So, to trigger internationalism a new exchange rate is warranted. These guys know that and may not want that to happen.

Why? Corruption is graft that they likely line many pockets with.. That dries up? Protection dries up. They dissolve parliament? The protection dries like concrete shoes, even under water... So, changing the exchange rate is not unrealistic in fact it is imo inevitable.. ~ MM

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The National Wisdom Movement  Tayar al-Hikmah al-Watani) is a political coalition in Iraq that was formed to contest the 2018 general election. It is led by Ammar al-Hakim, who was previously the leader of the Islamic Supreme Council of Iraq (ISCI).

ISCI is one of the oldest Shiite Islamist political parties in Iraq, founded in exile during the presidency of Saddam Hussein by a senior cleric, Ayatollah Mohammad Baqir al-Hakim. Following the US-led invasion of Iraq in 2003, it has been a leading party of the majority Shiite Arab population and an important component of every government. The leader of ISCI, Abdul Aziz al-Hakim, was a member of the Iraqi Governing Council in 2003–04 and president in December 2003; a leading member, Adil Abdul-Mahdi served as Prime Minister from 2018 to 2020 and was Finance Minister from 2004 to 2005 in the Iraqi Interim Government, Vice-president 2005–2011 – which included the Iraqi Transitional Government and the Al Maliki I Government – and Oil Minister (one of the "sovereign ministries") since 2014 as part of the Al Abadi Government. Another member, Baqir Jabr al-Zubeidi, was Minister of Interior in 2005–2006 and Finance Minister 2006–2010. Hadi Al-Amiri, who led the military wing of ISCI, was Transport Minister 2010–14 as part of the Al Maliki II Government.

ISCI was led by Mohammad Baqir al-Hakim from 1992 until his assassination in 2003; he was succeeded by his brother, Abdul Aziz al-Hakim, who led until his death in 2009 when he was succeeded by his son, Ammar.

They were the largest component in the Al-Muwatin (Citizens Alliance) list which contested the 2014 elections, coming third with 29 seats.

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Shafaq News/ The Parliamentary Finance Committee expected, on Saturday, that the Iraqi parliament would pass the proposed food security law quickly, after the leader of the Sadrist movement, Muqtada al-Sadr, asked to do so.

Committee member Jamal Cougar said in a statement to Shafaq News Agency, that the agenda for tomorrow’s session has not yet been published, I believe that the proposed Food Security Law will be included in it for the second reading, especially after Al-Sadr’s tweet, and the confirmation of the First Deputy Speaker of Parliament Hakim Al-Zamili.

https://iraqidinarchat.net/?p=74740

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LINK

Parliamentary Finance denies the possibility of restoring the dollar exchange rate: it confuses the market and investment projects

26th June, 2022
On Sunday, the Parliamentary Finance Committee denied what was recently reported about Parliament's efforts to restore the exchange rate of the dollar to its previous level, 1200 Iraqi dinars for every US dollar.

Committee member Jamal Cougar told Shafaq News Agency, "It is very difficult to restore the dollar exchange rate to its previous state, and this matter is not one of the tasks of the House of Representatives, and it is not true according to a number of reasons, including that changing the exchange rate is one of the exclusive powers of the Central Bank of Iraq." and to the Ministry of Finance.