Salih reveals government measures that removed obstacles to foreign trade

Baghdad-INA  
The financial advisor to the Prime Minister, Madher Muhammad Salih, confirmed today, Monday, the implementation of two policies that supported the Iraqi dinar against foreign currencies, while revealing government measures that removed obstacles to foreign trade.
 
Salih told the Iraqi News Agency (INA) that "the monetary policy of the Central Bank of Iraq has proven that it has the ability and high flexibility in coordination with the supportive government policies in providing exceptional capabilities to impose stability on prices in general and the exchange rates of the Iraqi dinar against foreign currency in particular, which are related to import prices from goods and services".
He added, "Based on the foregoing, achieving and maintaining stability came through two policies, the first: on the monetary policy side by facilitating external transfer procedures and the official exchange rate upon transfer and restricting dealing with foreign currency through legal channels, procedures and digital banking mechanisms."
 
  "As for the second, it is the general government policies, and it is related to what the Council of Ministers took during the last few period of easy coordination measures in the customs, tax and trade fields in a harmonious that became more accurate after removing natural bureaucratic obstacles in the movement of foreign trade, which gave stability and high flexibility in moving activity Small agents to exercise their direct role in importing from outside the country by themselves, without the intermediaries and the former monopolistic powers that the market has accumulated with its imbalances over the past forty years.
At the same time, the Prime Minister's advisor noted the importance of government policies that support the poor and limited-income classes, which also took a wide turn by expanding food rations.