๐ฎ๐ถ๐ต Growing Frustration in Iraq Over U.S. Influence on Its Financial System
An Iraqi lawmaker recently stated that Washington is using the U.S. dollar as a tool of economic pressure and that its influence over financial transactions is limiting Iraq's economic independence.
In my view, it was about time Iraq woke up. This growing discomfort with U.S. interference in Iraq's politics and economy is necessary to drive initiatives that strengthen national sovereignty and the independence of its currency. ๐ฎ๐ถ
The more Iraq seeks to control its own financial decisions, the closer it moves toward reducing its dependence on the U.S. dollar and advancing toward a more independent monetary system based on its own economic interests. ๐๐ฐ
We are witnessing the beginning of a long-anticipated story unfolding before our eyes. ๐ฅ
๐ We are getting closer to the liberation of the Iraqi dinar and to seeing our long-awaited RV become a reality. The future will reveal how far these changes go, but the signs continue to point toward greater monetary and financial independence for Iraq. ๐ฎ๐ถ๐๐ต
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MP: Washington Is Using The Dollar To Blackmail Iraq
16 Jun 2026 The Information Agency / Baghdad – MP Abbas Qusay asserted on Tuesday that the United States is using the dollar as a tool for financial pressure and blackmail against Iraq, indicating that this is reflected in the country's economic policies.
Qusay told the Information Agency, "The United States is using the dollar to financially blackmail Iraq and is imposing its influence on all financial transactions and transfers."
He added that "American interference in Iraqi financial policy is one of the main reasons behind the disruption of the economy and the slowdown of some economic measures within the country."
He pointed out that "the Iraqi economy needs to strengthen its financial independence and reduce its reliance on instruments that give external parties the ability to influence national economic decisions."
He emphasized that "the continuation of this approach negatively impacts economic stability and development in Iraq."