MNT GOAT
"MP: JUNE WILL MARK THE END OF DOLLAR SMUGGLING IN IRAQ"
"Member of Parliament Majid Shingal confirmed on Sunday that June will witness an end to dollar smuggling operations, noting that strict oversight will be imposed on the funds of companies, politicians, and influential people." "Our transfers are currently considered dollar smuggling, but the situation is now better. I believe that in June, regular correspondence will be adopted, which will
significantly reduce smuggling, and may even lead to its near disappearance."
If you remember last December 2024, the correspondent bank transfer process was put into effect. This eliminated 95% of fraudulent payments. They are now talking about a way to get rid of the other remaining 5%. However, this is not the entire story to RV but a piece that needed to be resolved. Iraq needed to go to international standards of payments for imported goods. Sounds like they might have this one "in the bag", sort of speaking.... Remember there is still work to also be
done with Iran. We can see the economy will soon boom. We are NOT talking years down the road!
Let's explore all these topics in today's Newsletter.
Their words not mine.....No Rumors,