Baghdad: The committee for freezing terrorist funds at the Central Bank of Iraq officially announced the removal of the names of "Hezbollah" and "Houthis" from its lists of entities subject to asset freezes and confiscation.

According to National Iraqi News Agency, this decision marks a significant update in the financial regulatory actions undertaken by the Central Bank's committee. The removal signifies an alteration in the entities considered a financial threat under the committee's regulations. The committee's lists are instrumental in enforcing financial sanctions and preventing the flow of funds to groups deemed involved in terrorism.

This development may impact the financial landscape in Iraq, potentially influencing the economic interactions between Iraq and regions associated with these groups. The decision highlights the evolving approach of Iraq's financial oversight authorities in adapting to new geopolitical realities and security assessments.