Wednesday, March 19, 2025

The Iraqi Economy: Challenges And Opportunities In Light Of Global Financial Transformations, 19 MARCH

 The Iraqi Economy: Challenges And Opportunities In Light Of Global Financial Transformations

Time: 2025/03/17  Read: 2,790 times  {Economic: Al Furat News} Mazhar Mohammed Saleh, the economic advisor to the Prime Minister, 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."  LINK

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