{"id":31209,"date":"2020-03-07T13:02:58","date_gmt":"2020-03-07T13:02:58","guid":{"rendered":"https:\/\/tabadul.demo.ly\/en\/al-zarmouh-increasing-the-fee-on-selling-foreign-currency-is-unjustified\/"},"modified":"2020-03-07T13:02:58","modified_gmt":"2020-03-07T13:02:58","slug":"al-zarmouh-increasing-the-fee-on-selling-foreign-currency-is-unjustified","status":"publish","type":"post","link":"https:\/\/tabadul.tv\/en\/al-zarmouh-increasing-the-fee-on-selling-foreign-currency-is-unjustified\/","title":{"rendered":"Al-Zarmouh: increasing the fee on selling foreign currency is unjustified"},"content":{"rendered":"\n<p> In a statement to Tabadul, the economist Omar Al-Zarmouh, considered that the decision of raising the fee on selling foreign currency is wrong and unjustified, adding that it is too early to adopt this step.<\/p>\n\n\n\n<p>AL-Zarmouh clarified that this measure will lead to the rise of foreign exchange rates, as economy depends mainly on imports, indicating that merchants will pay a higher price when importing different goods, which leads to the increase of services&#8217; prices in the country.<\/p>\n\n\n\n<p>He also accused the state of intentionally raising prices, unlike other countries in the world, and in contrast with the rational policies that seek to pressure prices as to reduce them. <\/p>\n\n\n\n<p>The expert clarified that it is too early to take this step because Libya still has reserves to use, adding that 163% &#8211; what the exchange rate officially costs- is a terrible ratio.<\/p>\n\n\n\n<p>Al-Zarmouh suggested that the best solution is to seek for revenues from the state&#8217;s projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a statement to Tabadul, the economist Omar Al-Zarmouh, considered that the decision of raising the fee on selling foreign currency is wrong and unjustified, adding that it is too early to adopt this step. AL-Zarmouh clarified that this measure will lead to the rise of foreign exchange rates, as economy depends mainly on imports, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9271],"tags":[9568],"class_list":["post-31209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-foreign-currency"],"_links":{"self":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/31209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/comments?post=31209"}],"version-history":[{"count":0,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/31209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media\/31210"}],"wp:attachment":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media?parent=31209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/categories?post=31209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/tags?post=31209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}