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Advisor to the Prime Minister: Iraq today has the highest levels of foreign reserves in its financial history
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Economy News - Baghdad
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Added 12/17/2023 - 2:17 PM
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Economy News - Baghdad
Advisor to the Prime Minister, Mazhar Saleh, confirmed that Iraq today has the highest levels of foreign reserves in its financial history.
Saleh defended the banking restrictions aimed at “verifying these transfers,” with the aim of reassuring “the international financial community and also for reasons related to Iraqi society: Do these transfers actually go to finance Iraq’s trade?”
He added, “What is happening has nothing to do with the strength of the Iraqi economy. Iraq today is at the highest levels of foreign reserves in its financial history.” Rather, “structural changes have occurred in issues of dealing with foreign currency.”
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Added 12/17/2023 - 2:17 PM
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