economic analyst Faleh al-Zubaidi showed on Saturday that the usa is exerting stifling financial pressure on Iraq by controlling its economic sources. He warned that this coverage has fee the usa billions of greenbacks annually.
Al-Zubaidi told dinaropinions.com that “Washington’s economic coverage in the direction of Iraq is based on risky components: the first is the imposition of successive sanctions on Iraqi banks, and the second one is the control of Iraqi budget deposited in the US Federal Reserve.” He defined that “these measures weaken the Iraqi economy and deprive it of full use of its resources.”
He introduced, “Iraq is suffering substantially as a result of those pressures, which frequently change into a political blackmail card,” noting that “the continuation of this American method will deepen the monetary and monetary crises going through the united states of america.”
Al-Zubaidi explained that “the losses as a consequence of this coverage are estimated at billions of greenbacks annually, at a time when Iraq wishes each economic useful resource to support the price range and enforce service and development projects.”
It’s worth noting that the usa keeps to impose regulations at the movement of Iraqi funds on the Federal Reserve underneath the pretext of tracking cash laundering and terrorist financing, which financial experts see as a right away concentrated on of Iraq’s financial sovereignty.
