Former MP: Iraq’s financial sovereignty is lost because of Washington
Former MP: Iraq’s financial sovereignty is lost because of Washington
8-5-2024
Information / Baghdad..
Former Finance Committee member Mohammed Al-Shabaki accused Washington on Monday of controlling the oil revenues held in the US Federal Reserve.
Al-Shabaki said in a statement to Al-Maalouma Agency, “There are issues imposed on Iraq and dominance over the Iraqi economy by the United States,” noting that “this policy that America imposed on Iraq is the cause of the calamity in its economic situation.”
He added that “Iraq does not have sovereignty over its money from oil exports that is in the US Federal Reserve,” calling on the government to “free itself from this pressure and have a say in restructuring the relationship with the Americans.”
He said, “Iraq is asking the American side for a lot of money, which represents the proceeds of the amounts in the Federal Bank.”
Earlier, Al-Fatah Alliance member Ali Hussein warned in a statement to Al-Maalouma Agency of the American control over the oil financial revenues in the Federal Bank, accusing Washington of exploiting this control to exert pressure on Iraq.
almaalomah.me
