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Iraq Releases €1.5 Billion of Iran Frozen Assets: PM Adviser

An adviser to Iraqi prime minister announced that Iraq had released a total of 1.5 billion euros of Iranian funds during the administration of Muhammad al-Sudani.

In a post on his twitter account on Sunday, Diaa al-Nasseri wrote that a part of Iran’s debts owed by Iraq had been paid.

Some of these funds have been allocated for the needs of Iranian pilgrims, while another portion has been used for procuring essential commodities. The amount paid is estimated to be around three billion dollars, Shafaq News reported.

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