Newspapers published in Baghdad today, Thursday, the eleventh of July, focused on Iraq’s announcement of its rejection of the Turkish military incursion into Iraqi territory, the reasons for the rise in dollar prices, and other issues.
Regarding the Turkish incursion, Al-Sabah newspaper, published by the Iraqi Media Network, said: ‘A meeting of the Ministerial Council for National Security, chaired by the Prime Minister, Commander-in-Chief of the Armed Forces, Muhammad Shiaa Al-Sudani, yesterday, Wednesday, discussed the issue of interventions and violations practiced by Turkish forces in the common border areas.’
The newspaper added: ‘It was emphasized that the Turkish military incursion and the attacks on Iraqi lands are rejected, and Turkey was urged to observe the principles of good neighborliness, deal diplomatically with the Iraqi government, and coordinate with it regarding any issue related to the security aspect.’
It indicated, quoting an official statement, that Al-Sudani directed to send a deleg
ation headed by the National Security Advisor to the Kurdistan region to review the general situation and come up with a unified position on this issue that affects Iraqi sovereignty. The Council also called on all parties and national forces to ‘support the government’s position in this matter,’ reiterating ‘the Iraqi position based on the constitution and the law, which prohibits attacks on its lands, or the use of Iraqi lands as a launching pad for attacks on neighboring countries.’
In economic matters, Al-Zawraa newspaper, published by the Iraqi Journalists Syndicate, focused on the reasons for the rise in the dollar exchange rate in the parallel market and its impact on prices.
In this regard, It referred to what economic expert Safwan Qusay said: ‘The policy of the Central Bank of Iraq is to control the monetary dollar by moving the process of delivering the dollar to airports to ensure that the beneficiary will actually travel outside Iraq.’
He added: ‘There are external reasons related to the prese
nce of additional commissions on cash withdrawals inside Turkey at a rate of 8%, which led to the presence of merchants in the process of acquiring the dollar from inside Iraq and exporting it to inside Turkey and benefiting from the price difference, and this will take time until the outlets are controlled.’as well as the decrease in demand for cash dollars inside Turkey, will return the exchange rate to normal within a short period.’
He stressed: “The Central Bank of Iraq is trying to control the monetary dollar and will succeed in this in cooperation with the US Federal Reserve and with regular traders through which prices may not be increased at the level of goods because they are of course imported at the official price of 1,320 dinars, so there is no fear of rising prices.”
The economic expert stated: ‘The Ministry of Trade is authorized by the Prime Minister to import any commodity and pump it into the markets in order to reduce prices, especially foodstuffs, and the issue of the connection to price
fluctuations is caused by a section of speculators who began promoting the price of 1,600 dinars in the informal market, while the regular market still maintains its value, 1,320 dinars, and the central bank has the ability to defend this price for a long time.’
Al-Zaman newspaper continued its follow-up of the preparations and procedures for serving the Husseini processions and the participation of citizens of all ages and groups in them.
Source: National Iraqi News Agency