💡 Bullet Point Summary : link to My FX Buddies Blog
Iraq Takes the Spotlight: A high-level Iraqi delegation presented its financial reform progress at a Washington banking conference, marking a test of credibility before global institutions.
Government’s Reform Roadmap: Advisor Saleh Mahoud Salman outlined strategic reforms — restructuring state banks, expanding financial inclusion, and digitizing customs and taxes with the ASYCUDA system.
Progress vs. Reality: While Baghdad highlights new systems and automation, economists question whether these changes truly transform the financial culture or simply modernize old processes.
Support My FX Buddies:https://cash.app/$tishwashhttps://paypal.me/tishwash a FREE transcript at:https://rss.com/podcasts/myfxbuddiesDigital Momentum: Financial inclusion rose from 10% to 40% in just two years — a major leap — but many banks still rely on paper-based operations and face limits on global financing.
Structural Weaknesses: Analysts warn that reforms will fail without institutional continuity — Iraq often restarts economic plans with each new government, losing long-term stability.
Global Expectations: Experts agree Iraq’s reforms look strong on paper but must evolve from “government projects” into state-anchored institutions that outlast political shifts.
Bottom Line: Iraq’s reform message in Washington was bold — but global investors are still asking the same question: Can Iraq finally turn reform into reality?
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