The dollar will be reduced in Iraq.. A new government project related to trade with 3 countries was revealed


Today, Wednesday, the State of Law coalition unveiled a new government initiative including commerce exchange between Iraq and three nations, while also defining America’s position and the influence on the currency.

In an interview with the “Maalouma” news agency, coalition leader Jassim Muhammad stated, “There is a new government project to adopt currencies other than the dollar to deal with several countries, including China, Iran, and Russia,” emphasizing that “this project, if implemented correctly, will work to reduce the demand for the dollar in the markets.” “Iraqiya.”

“The project to create a currency for exchange between Iraq and these countries will greatly affect the dollar and lead to a decline in its prices,” he noted, emphasizing that “the current rise will be reversed.”

Regarding America’s position on the new project, Muhammad stated, “America has no relationship with this project, and it doesn’t matter whether or not it agrees to the project to create a currency other than the dollar for Iraqi commercial transactions, provided that there is a will from Iraq and these countries.”

According to the coalition leader of Al-Maliki, “Iraq is required to believe in this issue and adopt this project during the coming period, and the need to overcome the stage of fear and anxiety about the results.”

Earlier today, Prime Minister Muhammad Shiaa Al-Sudani confirmed that Iraq is ready to join the BRICS group, indicating that he discussed a wide range of economic issues with Russian President Vladimir Putin, including the use of the Iraqi dinar and the Russian ruble in commercial transactions between the two countries.

The Parliamentary Planning Committee confirmed that the continuation of the crisis of the rise in the dollar exchange rate was fabricated and aimed at harming the Iraqi economy, while indicating the presence of hidden hands being used as a pressure card by the American side to embarrass the government through the dollar file.


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