The Iraqi Economy: Challenges and Opportunities in Light of Global Financial Transformations
The Iraqi Economy: Challenges and Opportunities in Light of Global Financial Transformations
2025/03/17
Mazhar Mohammed Saleh, the Prime Minister’s economic advisor, confirmed today, Monday, that the government is working seriously to reduce reliance on the US dollar in domestic trade and promote the use of the Iraqi dinar in financial transactions.
Speaking to Al Furat News Agency, Saleh highlighted “the importance of continued cooperation with the international financial community to alleviate external burdens and restrictions on foreign currency transfers.”
He pointed out that “this approach reflects Iraq’s strategy to combat foreign currency smuggling, by strengthening cooperation with international financial institutions to monitor illicit money flows. This contributes to the stability of the national economy and supports Iraq’s ability to overcome global financial challenges.”
alforatnews.iq
