The United States has resumed dollar shipments to Iraq, several months after it suspended them, Al Arabiya English has learned.
Washington in April had suspended cash payments for oil revenue, which have been handled from the Federal Reserve Bank of New York in an arrangement dating to the aftermath of the 2003 US invasion of Iraq, as well as security assistance over a spate of attacks on US interests.
Haider al-Aboudi, a spokesman for Iraq’s new prime minister, Ali al-Zaidi, earlier told the New York Times that the shipments had resumed.
Mudhar Muhammad Salih, a financial adviser to the prime minister, confirmed resumption of the transfer, according to the NYT report.
The announcement comes after Iraq launched an anti-corruption campaign earlier this week that saw several officials arrested.
Al-Zaidi’s anti-graft raids came before an expected visit to Washington, where he hopes to attract US investment and is expected to renew his promise to ensure pro-Iran armed groups hand over their weapons.
-Al Arabiya English