The Economic Committee of the Council of Ministers decided to launch the national project to produce “zero flour” in Iraq, while calling for taking the necessary measures to maintain the stability of the dollar exchange rate for the Iraqi dinar and reduce the differences in price.
The committee said that “it is decided to implement the national project for the production of flour zero and the import quota by documentary credit,” indicating that “the sectoral bodies in the Ministries of Commerce and Health and the monitoring and follow-up will take over, while the General Company for grain trade in the Ministry of Commerce is concerned with the application specifications and examination of wheat imported or produced Locally used in the production of zero flour. ”
“The sectoral parties were granted the right to import wheat to non-owners of the mills, and they did not require that the mill be owned by the importer, and stressed that the owners of mills to build silos to store grain.”
In a separate context, the committee noted that it “valued the role of the central bank in maintaining the exchange rate and raising the value of the Iraqi dinar,” calling for “to take the necessary measures to maintain the stability of the exchange rate and reduce the differences in price and accounting banks that violate the rules of work followed by the bank Central Iraq “.
It is worth mentioning that the ministerial economic affairs committee includes the ministers of finance, oil, industry, minerals and agriculture, as well as the governor of the Central Bank, the head of the National Investment Authority, the economic adviser to the prime minister and the agents of the ministries of planning and trade.