GOLDILOCKS
ERBIL, Kurdistan Region - "Ali Mohsen al-Alaq, Governor of the Central Bank of Iraq (CBI), said on Thursday that the US has agreed to review recent sanctions on Iraqi banks, adding that in the future, similar punitive measures will be taken in consultation with Baghdad."
Do you see what is happening?
Iraq is beginning to assume their own Sovereignty going forward. These US sanctions have kept Iraq from moving forward with their economic reforms on the International level, and now, we are witnessing final reviews of Iraq's sanctioned.
Once these are released, Iraq will be able to move forward with many of the rest of their economic reforms to connect with other countries on the International stage in trade and development.
The ability for Iraq to move freely within their own banking system will give Iraq currency ranges to work from in determining exchange rates between other countries.
The ability to trade in Iraqi Dinars instead of the dollar will give them purchasing power and control going forward.
© Goldilocks
https://www.rudaw.net/english/middleeast/iraq/15032024
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