Politician: The Federal Reserve is required to set a time limit for sending Iraqi funds
Politician: The Federal Reserve is required to set a time limit for sending Iraqi funds
5-23-2024
Information/private..
Political analyst Sabah Al-Ukaili stressed today, Thursday, the need for the government to move towards setting time limits with the American administration regarding sending oil money to Iraq, while stressing that this move will end the pressure exerted by Washington.
Al-Ugaili said in an interview with the Maalouma Agency, “At the current stage, Iraq is unable to exit the policies of the US Federal Reserve,” noting that “agreements must be in treaties so that they are not violated by Washington.”
He continued, “The United States of America is required to end the sanctions that were imposed on domestic banks for no reason,” pointing out that “lifting the sanctions will contribute to offering the dollar in the local markets to a greater extent.”
Al-Ugaili concluded his speech: “Ending America’s influence and manipulation of the Iraqi economy represents a priority to be discussed,” adding that “this move will end the pressure exerted by Washington on many issues.”
In an interview with the Al-Ma’louma Agency, a member of the Al-Fath Alliance, Ali Al-Zubaidi, criticized the Central Bank’s controls for granting licenses to foreign and Arab banks to operate in the Iraqi banking sector, while stressing that continuing to grant the dollar at reduced prices to these banks is tantamount to wasting the country’s share of the dollar.
almaalomah.me
