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Deputy: The US Federal Reserve is besieging Iraqi liquidity through the dollar
Today 15:33
Information / Baghdad..
Representative for the State of Law, Firas Al-Muslimaoui, confirmed today, Tuesday, that the
Federal Bank’s measures were the main reason behind the continued lack of financial liquidity,
calling on the Ministry of Finance to find alternatives. Al-Muslimaoui told the Maalouma Agency,
“Iraq is not poor and has many resources, but
there is a problem in delivering the money for selling oil, which arrives after three months through the Federal Bank.” He added,
"The means of delivering the dollar and its restriction by the Federal Bank cast a shadow over the creation of liquidity in the Ministry of Finance," noting that
"the external liquidity issue requires a high-level government effort in order to solve this issue and increase the quantities of dollars flowing into Iraq."
He stressed the necessity of "shifting to agreements similar to the Chinese accounting agreements providing services in exchange for oil to dispense with the dollar," stressing that
"the US Federal Bank is still exercising its conditions on Iraq to put pressure on the parallel market." Ended / 25 h
https://almaalomah.me/news/78999/politics/نائب:-الفيدرالي-الأمريكي-يحاصر-السيولة-العراقية-عبر-الدولار
Today 15:33
Information / Baghdad..
Representative for the State of Law, Firas Al-Muslimaoui, confirmed today, Tuesday, that the
Federal Bank’s measures were the main reason behind the continued lack of financial liquidity,
calling on the Ministry of Finance to find alternatives. Al-Muslimaoui told the Maalouma Agency,
“Iraq is not poor and has many resources, but
there is a problem in delivering the money for selling oil, which arrives after three months through the Federal Bank.” He added,
"The means of delivering the dollar and its restriction by the Federal Bank cast a shadow over the creation of liquidity in the Ministry of Finance," noting that
"the external liquidity issue requires a high-level government effort in order to solve this issue and increase the quantities of dollars flowing into Iraq."
He stressed the necessity of "shifting to agreements similar to the Chinese accounting agreements providing services in exchange for oil to dispense with the dollar," stressing that
"the US Federal Bank is still exercising its conditions on Iraq to put pressure on the parallel market." Ended / 25 h
https://almaalomah.me/news/78999/politics/نائب:-الفيدرالي-الأمريكي-يحاصر-السيولة-العراقية-عبر-الدولار
