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The United States has resumed sending cash dollar shipments to Iraq, with a recent shipment of $500 million from the Federal Reserve Bank arriving at the Central Bank of Iraq. This amount is allocated to facilitate transactions related to travel abroad and remittances, in accordance with the regulations set by the Central Bank. This move comes after several months of suspension, during which Washington pressured Iraq to take measures to reduce currency smuggling and increase oversight of financial flows. Additionally, the U.S. campaign against corruption in Iraq has led to the arrest of several officials. Iraqi officials had previously announced the return of dollar inflows following the resolution of the crisis, after the previous U.S. administration halted the transfer of oil revenues to the Iraqi economy as part of broader financial oversight measures.
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