The Minister of Economy and Trade, Amin Salam, indicated after his visit to the Mufti of the Republic, Sheikh Abdul Latif Derian, that the instability of the dollar exchange rate is a monetary bank factor par excellence, and is also completely affected by negative political factors that create fear and panic in the market, and thus affect the exchange rate.

Salam explained that the decline in the dollar’s price or its stability is only the result of a colossal economic action, the success of the IMF negotiations, and the prevailing economic movement in the heart of the country.

He said that the government is counting on some elements of success in agreement with the IMF, and pumping some liquidity into the country as a result of international or internal agreements, and this could improve the exchange rate, but the matter remains based on the economic data that helps it, considering that any negative political action will affect the financial and economic situation, and will create fear and panic in the market, and thus will affect the exchange rate.

The Syndicate of Importers of Medical Devices and Supplies launched a code of conduct and combating illegal profits in the health sector and preventing patient exploitation, with the aim of putting an end to bleeding and the difficult situation suffered by the health and hospital sector in general, and importing medical devices and supplies in particular.

Salma Assi, President of the Syndicate of Medical Devices and Supplies, joined us by phone, for further clarification.