MNT GOAT
UNITED STATES HAS CLOSES DFI ACCOUNT THROUGH WHICH IRAQ COLLECTS REVENUE FROM ITS OIL SALES
ERBIL (Kurdistan 24) – In a recent development that has raised concerns over the stability of the Iraqi economy, the United States has closed the account through which Iraq collects revenue from its oil sales.
This revelation came to light through a letter addressed to the Finance Committee of the Iraqi Parliament, dated March 18, 2024.
The letter, signed by Ammar Khalaf, Deputy Governor of the Central Bank, outlines the closure of the account known as the Development Fund for Iraq (DFI), which has been operational since 2003.
(I would say this is really good news. We read many articles that Iraq was pushing for this DFI fund to end and it has. Where is all this money then that remains in the fund going?
We can now see that collecting oil revenue will also soon not be limited to US dollars. This is coming next and why over due. Yet more signs of full sovereignty not just on paper but tangible evidence we can see by events. The sovereignty of their currency is also coming and on the near horizon,,,, 😊)
https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/
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