Funds in Iraq to Be Used for Importing Food and Drugs

The Ministry of Industries, Mining and Trade said Iran's funds held in Iraq will be used for purchasing food and medicine.
In a letter to food, drugs and cosmetics industries, the ministry referred to updates on the forex assets in the neighboring Arab country calling on them to submit their import needs, Tasnim news agency said without elaboration. 
Baghdad owes more than $6 billion in unpaid energy bills including $2 billion in arrears and $1 billion in contract violations. Three billion dollars are blocked by the Trade Bank of Iraq, due to the 2018 US economic blockade and banking restrictions.