Eco
dijlahpoint - Economic experts have warned against proposals to pay public sector salaries in US dollars, emphasizing that such a step would rapidly deplete foreign reserves and restrict the central bank's monetary control.
Specialists explained that foreign assets are primarily designated to stabilize exchange rates and finance imports, noting that paying salaries in foreign currency could exhaust reserves within eight months. They added that this measure would increase administrative overhead and weaken monetary policy independence without guaranteeing a reduction in parallel market speculation.
Editor at Dijlah Point News, writing about Eco.