Parliamentary Finance: The US Federal Reserve besieges the Iraqi citizen with dollars, 26 JAN

 Parliamentary Finance: The US Federal Reserve besieges the Iraqi citizen with dollars

Information / Baghdad..
On Thursday, a member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, accused the United States of America of exercising blackmail and pressure towards Iraq by creating a dollar crisis.

Al-Kadhimi said in an interview with the Maalouma Agency, “The American measures taken by the Federal Bank were the main reason behind the continued rise of the dollar against the Iraqi dinar.”
He added, “Washington is still exercising its conditions on Iraq to put pressure on the parallel market,” noting that “the US Federal Reserve sets strict conditions on merchants importing goods from neighboring countries.”
He pointed out that “the Iraqi citizen is a victim of the arbitrary measures of the United States of America,” noting that “the Iraqi economy relies heavily on foreign imports to cover the total demand for goods.”
Former MP Raed Fahmy had previously confirmed to Al-Maalouma that the political reason was related to the US Federal Reserve’s strict measures for political purposes in order to put pressure on the Iraqi side.

almaalomah.me