In a move to fortify the local market, Iraq's Ministerial Council of Economy has taken decisive steps, including the removal of four items from import lists and a 4% tariff reduction on live animals for slaughter. The council also emphasized strengthening the domestic pharmaceutical industry and boosting Iraq's tourism sector.
Lebanon set to adopt new official exchange rate: central bank source
The Lebanese pound has been officially pegged at 1,507 to the greenback since 1997, but its market value began to slide in late 2019 and hit record lows of more than 60,000 this month. "Starting tomorrow, one dollar will be worth 15,000," a central bank source told AFP Tuesday. "There...
