Baghdad:Head of the State of Law Coalition, Nouri al-Maliki, has called for caution in response to recent changes in the exchange rate, emphasizing that these measures should not be used to create anxiety or disrupt the nation’s atmosphere.

According to National Iraqi News Agency, al-Maliki expressed his views in a blog post on the X platform, highlighting the division among Iraqi economic experts regarding the decision to raise the dollar’s exchange rate. He noted that the decision is driven by concerns for citizens’ purchasing power and living standards. Al-Maliki pointed out that while adjusting the national currency’s exchange rate is a strategy used by countries facing economic crises, its success depends on the government’s ability to manage the negative impacts, safeguard citizens’ incomes, and mitigate market repercussions.

He acknowledged that the government is working on implementing clear measures and mechanisms to protect citizens’ incomes and purchasing power, stabilize markets, and maintain economic activity. These efforts aim to alleviate the burdens on citizens resulting from these economic adjustments. Al-Maliki emphasized the need for the government to promptly announce solutions and measures to secure individuals’ incomes and living standards, thereby safeguarding citizens’ interests and promoting economic stability.