Wednesday, October 22, 2025
🇮🇶💼 Baghdad Confirms: Iraq Fully Committed to Economic & Banking Reforms
🇮🇶💼 Baghdad Confirms: Iraq Fully Committed to Economic & Banking Reforms
“This Is a Turning Point in Iraq’s Economic Development” – PM Advisor
📍 LIVE FROM WASHINGTON, D.C. – On the sidelines of the IMF and World Bank meetings, Iraq’s government is making bold declarations:
👉 Prime Minister Saleh Mahoud Salman’s advisor confirmed Iraq’s full commitment to implementing comprehensive economic and financial reforms.
“Banking reforms currently being worked on constitute a turning point in Iraq’s economic development.”
🏦 Banking Reform: At the Center of Iraq’s New Strategy
🔹 Iraq sees the banking sector as a pillar of national reform
🔹 The Central Bank of Iraq is working alongside global consultants like Oliver Wyman
🔹 Iraq is raising its banking standards to compete internationally
🔹 Goal: Create a strong, modern financial system
💬 “The government is continuing to implement strategic banking reforms... aimed at enhancing competitiveness and raising banking efficiency.”
📊 What Are the Key Reforms?
📅 First-ever 3-year general budget
→ Enables long-term financial planning
→ Boosts local & foreign investor confidence📦 Customs system automation (ASYCUDA)
→ Increased customs revenues
→ Major improvement in tax collection🏛️ Bank Restructuring
→ Al-Rafidain, Al-Rasheed, Industrial, and Agricultural banks
→ Now operating under international advisory guidance💳 Financial Technology Expansion
→ Digital payments are booming
→ Financial inclusion jumped from <10% to over 40% in just 2 years!
→ Praised by the World Bank & IMF💼 SME Support
→ New financing programs for small & medium businesses
→ Job creation and economic stimulation underway
🧭 Where Is This Headed?
🧠 Iraq’s message is clear:
“We’re no longer surviving. We’re transforming.”
🔗 Strong cooperation between:
Government
Central Bank
Global consultants
Local & international institutions
💥 The reform path isn't just being discussed — it’s already being implemented.
The future of Iraq’s economy is being built now.
🔚 Final Thought:
Iraq is not waiting for change.
It’s leading it.
And with bold reforms, a digital push, and serious foreign partnerships, the foundations of a new economic Iraq are being laid — brick by brick, byte by byte. 💻📈
Are you paying attention yet?
📢 FOLLOW US for Real-Time Updates on Iraq’s Economic Reforms & RV News:
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NADER FROM MID EAST: Summary of Iraq’s Efforts to Combat Dollarization and Strengthen the Iraqi Dinar
Summary of Iraq’s Efforts to Combat Dollarization and Strengthen the Iraqi Dinar
Dr. Amar Ali Fawi, Governor of the Central Bank of Iraq, discussed significant steps taken over the past two years to address the widespread dollarization in Iraq’s local market. Dollarization refers to the practice where many goods and services were priced in US dollars instead of the national currency, the Iraqi dinar. This phenomenon posed challenges to monetary stability and economic sovereignty.
Key points from Dr. Fawi’s interview with Aleria Business during the International Monetary Fund’s Fall Meetings include:
- Read also: FIREFLY REPORT: 🔍 Iraq Currency Insider Talk: Zero Drop, Basket Peg & Real Rate Incoming! 💸🇮🇶Government Policy and Support:
There is a clear and direct government strategy aimed at reducing dollarization. This policy has received active backing from government authorities, reflecting in improved market dynamics. Loans and Currency Use:
The central bank has shifted the financial system such that loans are now predominantly issued and repaid in Iraqi dinars, moving away from foreign currencies, especially the US dollar. This measure is crucial for reinforcing the national currency’s role in the economy.Convertibility and Currency Reserves:
The Iraqi dinar is convertible to the US dollar and other foreign currencies due to the Central Bank of Iraq’s substantial foreign currency reserves. These reserves are a key financial strength, quantified as follows:Metric Value Foreign currency reserves as % of broad money supply Approximately 80% Foreign currency reserves as % of total domestic currency issued Over 130% Implications for Market Confidence:
These figures indicate a high level of reassurance and confidence in the Iraqi market. The robustness of the reserves acts as a protective buffer for the Iraqi dinar, enhancing its stability and credibility.
Key Insight:
The central bank’s strategy to reduce reliance on foreign currencies and bolster the Iraqi dinar is supported by strong foreign reserves, signaling a confident and controlled monetary environment in Iraq.
🇺🇸💣 Trump’s Warning to Iraq: “Manage Your Oil or Lose Control”
🇺🇸💣 Trump’s Warning to Iraq: “Manage Your Oil or Lose Control”
From “We Want Iraq’s Oil” to “Manage It Well” — A New Era of American Influence? 🚨
🛢️ President Trump has spoken — again.
But this time, it’s not about taking Iraq’s oil. It’s about managing it.
And if Iraq doesn’t get its act together, the consequences could be huge.
👉 Control is shifting, and Iraq must prove it can handle its wealth.
💬 What Did Trump Actually Say?
In his recent comments at the Sharm el-Sheikh Summit, Trump shifted tone:
“Iraq has huge oil wealth... but it needs effective management.”
This isn't just talk. It’s a warning — and a test.
🧠 What’s the Real Message Here?
🔹 Iraq is still stuck in a rentier economy, heavily dependent on oil.
🔹 Most oil revenues go to bloated government salaries, not investment.
🔹 Corruption and mismanagement have siphoned wealth to political elites.
📉 No private sector = no economic growth.
📉 No diversification = vulnerable to oil price crashes.
💬 Saleh Rashid, economic expert, says:
“Without a national strategy, Iraq will collapse under the weight of any oil market instability.”
💡 What’s the U.S. Strategy Now?
Forget about old headlines like “We want Iraq’s oil.”
Today, it’s conditional governance:
🧾 America will invest and support — only if Iraq reforms:
🤝 Fights corruption
📈 Improves energy sector efficiency
🧰 Creates a real investment environment
💸 Uses oil wealth wisely
All of this is happening under the growing China-Iraq relationship.
🇨🇳 China is expanding in Iraq’s southern oil fields (like Rumaila & West Qurna)
🇺🇸 The U.S. isn’t just watching — it’s redrawing the rules.
“Mismanage your oil — and you’ll pay for it.”
That’s Trump’s message.
⚖️ A Global Power Play
This isn’t just about oil barrels.
It’s about who runs the game in Iraq — the U.S. or China.
📉 If Iraq doesn’t clean up:
✖️ Foreign investors will walk
⚠️ Reforms will stall
💥 Economic instability will rise
❌ The dream of revaluation (RV) stays just that — a dream
🔚 Final Thought
🇮🇶 Iraq stands at a crossroads.
Manage its resources transparently and efficiently…
or risk losing influence, investment, and economic future.
Oil isn’t the problem. Corruption is.
And the world — especially Trump — is watching. 👀
📢 FOLLOW US for Real-Time Updates on Iraq’s Economic Reforms & RV News:
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MNT GOAT: 🚨 RV Update: No Hype, Just Facts 💥 | 2026 Target Still On Track – But With Caution ⚠️
🚨 RV Update: No Hype, Just Facts 💥 | 2026 Target Still On Track – But With Caution ⚠️
❌ NO, the RV Has Not Happened Yet!
Stop believing in fairy tales from so-called intel gurus or clickbait YouTubers.
There is no revaluation or reinstatement of the Iraqi dinar at this time.
💬 “We don’t need rumors. We need facts — and we’ve got them.”
💼 What’s Really Happening Behind the Scenes?
🔹 The CBI is actively working with the IMF and US Treasury on a redenomination plan.
🔹 The process has not officially begun, and there is no green light
🔹 A critical law must be passed in parliament — the Finance Committee needs to approve it first.
⏳ Targeted timeline?
👉 January 2026 is still the aim, but concerns are rising as we approach the end of 2025.
🧠 The Bigger Picture: Know the Plan
Don’t expect quick answers — this is a complex, multi-year process based on:
🇮🇶 The Project to Delete the Zeros
📊 The 2011 Dr. Shabibi/IMF Plan
🏛️ Ongoing coordination between CBI & GOI
If you don’t understand these concepts, check the blog resources. This takes real study.
🇺🇸 Trump’s New Foreign Policy Toward Iraq: Opportunity or Risk?
🔹 Under Trump’s second term, U.S. policy toward Iraq is evolving fast.
🔹 Trump’s stance on Iraqi oil management reveals a business-minded strategy:
"Iraq has the oil. Now it must manage it wisely."
🔹 Financial expert Saleh Rashid confirms:
“Trump’s warnings are a wake-up call — Iraq must diversify its economy and cut dependency on oil.”
📉 If Iraq can’t reform, Trump may cut losses and move on.
But for now, there’s hope — and a high-stakes opportunity.
🏦 Banking Reform: The True Key to the RV 🔑
🔥 The "Comprehensive Strategic Banking (CSB) Reforms" are LIVE.
👉 Backed by Oliver Wyman, a respected global firm.
They say it clearly:
“Iraq’s banking reforms are ushering in a new era of economic growth.”
📌 Implementation began in September 2025.
Several underperforming banks are closing, and more may follow.
This is one of the five U.S. requirements before an RV can take place.
📚 6 MUST-READ Articles Now Available (Translated for your ease):
"Baghdad Confirms Its Commitment to Economic and Financial Reform"
"Between Reform and Dictate..."
"From Washington: A New Reform Package for Iraq"
"US Treasury Adjusts to Banking Changes"
"CBI Launches Full Implementation of Reforms"
"Banking Reforms Usher in New Era of Growth"
💡 These are not fluff — they explain exactly where Iraq stands and what’s coming next.
🧭 Final Word: Stay Grounded, Stay Informed
There’s no magic date, no sudden announcements.
This is a process, and we are still on the path — but not there yet.
✅ Keep researching
✅ Avoid hype
✅ Follow credible sources
🔗 Follow Us for REAL RV Updates:
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💥 CBI OFFICIALLY LAUNCHES FULL BANKING REFORM PROJECT
💥 CBI OFFICIALLY LAUNCHES FULL BANKING REFORM PROJECT
“Solid foundations are now in place — and there’s no turning back.”
🔻 Iraq Enters Its Financial Future
🚨 BREAKING FROM BAGHDAD — The Central Bank of Iraq (CBI), in full coordination with private banks and Oliver Wyman, has launched the full implementation phase of the Comprehensive Banking Reform Project(2025–2028).
🧠 Samir Al-Nusairi, Advisor to the Iraqi Private Banks League, says:
“What we achieved from 2023 to mid-2025 has already laid the groundwork. Iraq’s banking reform is no longer a plan — it’s an active transformation.”
🏦 What Does This Reform Actually Mean?
The reform project aims to completely reshape Iraq’s banking sector to meet global standards and fuel long-term economic growth.
🔹 Modernization ✅
🔹 Compliance with International Standards ✅
🔹 Digital Transformation ✅
🔹 Financial Inclusion ✅
🔹 Private Sector Empowerment ✅
🔹 Confidence for Global Investors ✅
🚀 The 6 Strategic Pillars of Reform
1️⃣ Upgrade all banks to meet international banking/accounting standards
2️⃣ Build a flexible, sound, and inclusive banking system
3️⃣ Restore trust in Iraq’s financial system & attract foreign partnerships
4️⃣ Rehabilitate failing banks and reintegrate them
5️⃣ Refocus on lending and financing, not hoarding liquidity
6️⃣ Pull 80% of cash outside the system into the banks (yes, 80%!) 💵➡️🏦
📊 What's Already Happened?
✅ Key infrastructure projects completed
✅ Digital payment tools massively expanded
✅ International consultancy embedded into reform execution
✅ Private banks fully engaged and aligned with CBI
✅ Evaluation criteria based on global benchmarks established
✅ Visible improvement in GDP contribution & investor perception
🧭 This Is Bigger Than Banking
“Economic reform begins with banking reform,”
– Samir Al-Nusairi
This is about replacing the old rentier system with a diversified, productive, digital economy. It’s a pivot point — and Iraq is finally moving beyond dependence on oil revenues.
📈 The financial sector will lead investment, growth, and inclusion from now on.
🤔 WHY DOES THIS MATTER TO YOU?
Because this reform wave is the platform for everything we’re waiting for —
✅ Currency reform
✅ Investor confidence
✅ FOREX reinstatement readiness
✅ HCL activation
✅ Sustainable economic growth
⚠️ FINAL THOUGHT:
2023-2025 wasn’t just preparation...
It was the actual foundation.
Now 2025–2028 is about execution.
And according to CBI, they’re ahead of schedule. 🏃♂️💨
Iraq is no longer dreaming of reform.
Iraq is doing it.
📢 Stay ahead of the curve. Follow our updates:
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💥 Iraq, IMF & US Treasury Align for 2026 Reform 🚨 | Frank26 Intel – HCL & Exchange Rate Watch Begins! 💰
💥 Iraq, IMF & US Treasury Align for 2026 Reform 🚨 | Frank26 Intel – HCL & Exchange Rate Watch Begins! 💰
🔍 Key Highlights – Frank26 & Firefly Report:
🎯 Big TV News from Iraq – Direct from Firefly (Boots on the Ground):
📺 Iraq’s Finance Minister announced on national television:
“We met with the IMF, World Bank, and US Treasury in Washington…
They fully support our 2026 monetary reform plan… and have agreed to align with it.”
💬 Frank26’s Take:
“I’ve always said the moment you see the HCL, you'll see the new exchange rate just nanoseconds later...
Because that’s the reason you’ll see the HCL. It’s all about the rate.”
🧩 What’s the Missing Piece?
👉 The HCL law is the trigger.
👉 The new exchange rate is already calculated, but we still need the law in place.
🔐 What About Article 12-2c?
Frank believes this clause is the key that unlocks the rate door.
It evaluates the supporting laws being passed—many of which are ready to go.
📜 Firefly’s Local Update – Laws & Budget:
👤 Mr. Sammy (Firefly's contact):
“We have 150 laws related to this…
Many have already been read twice and just need the third reading in parliament.
The budget is ready… but waiting on the rate.”
🧠 Final Thoughts:
Everything appears to be aligned:
✅ International support (IMF, World Bank, US Treasury)
✅ HCL nearly complete
✅ Exchange rate prepared
✅ Laws ready in parliament
The lynchpin is the Iraqi Dinar… and the world is watching. 🌍
🔗 Stay Updated – Don’t Miss the Next Move:
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📚 78 Years of Iraq’s Central Bank: From Tradition to Transformation 💼📈 | Inside the Vision of Al-Alaq
📚 78 Years of Iraq’s Central Bank: From Tradition to Transformation 💼📈 | Inside the Vision of Al-Alaq
🔍 Key Highlights – The Legacy & Future of Iraq’s Monetary Policy
🏦 From 1947 to 2025: A Journey of Challenges & Reform
The Central Bank of Iraq (CBI) has undergone major transformation over its 78-year history, evolving from a traditional central bank to a modern, tech-driven institution leading the way toward financial stability and economic reform.
📘 Al-Alaq’s Writings Capture It All
Two foundational books by Dr. Ali Mohsen Al-Alaq, the CBI Governor, offer deep insight into this evolution:
"Writings on Monetary Policy and Financial Stability" (2021)
"Managing the Central Bank: From the Margins of the Past to the Body of the Future" (2022)
📊 Core Themes Across Both Works:
Transition from traditional to unconventional monetary policy
Push toward a digital economy
Evolution of the exchange rate system
Real-world responses to economic crises and budget deficits
Introduction of modern oversight tools and international standards
🧠 What Makes These Books Important:
They reflect the
intellectual and strategic depth behind Iraq’s monetary policy. Al-Alaq outlines how the CBI:
Helped stabilize Iraq during the 2015–2016 crises
Implemented reforms between 2015–2025
Managed declining reserves while maintaining confidence
Introduced strategic planning, risk-based oversight, and FATF compliance
🏛️ The Fifth Era of the CBI (2015–Present):
A shift toward:
Banking modernization
Enhanced financial governance
Strengthened monetary policy credibility
Support for non-oil sectors like agriculture & industry
True move from a rentier economy to a productive one
📉 Currency Sale Window Transparency
Explored in detail: the reasoning, economic and legal contexts behind CBI’s foreign currency sales mechanism and its connection to broader reforms.
📑 Banking Sector Reform in Focus
Chapter Seven details the CBI’s vision and actions in restructuring the banking sector, improving access to credit, and supporting a strong financial system.
🧩 Takeaway:
These books aren’t just history—they're the blueprint for Iraq’s financial future. With a steady hand and clear strategy, the CBI under Al-Alaq has become a pillar of economic stabilization, banking reform, and digital transformation.
🔗 Stay Connected for More Deep Dives & Updates:
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MNT GOAT: 🚀 Iraq’s Banking Revolution Begins! | US Report Backs CBI’s Reforms 💼💰
🚀 Iraq’s Banking Revolution Begins! | US Report Backs CBI’s Reforms 💼💰
🔍 Top Highlights – Game-Changing News from Iraq’s Banking Sector:
🏛️ CBI Launches Full Banking Reform Project
The Central Bank of Iraq (CBI) has officially entered the full implementation phase of its comprehensive banking reform plan—a sweeping initiative that is set to transform Iraq’s financial sector from the ground up.
📊 U.S.-Backed Report Confirms It’s Real!
A major U.S. financial report from global auditing firm Oliver Wyman confirms:
“Iraqi banking reforms are ushering in a new era of economic growth.”
This is not a rumor—it’s based on concrete analysis and strategic planning.
📅 Timeline:
September 2025: All Iraqi banks began committing to the reform program.
2026–2028: CBI will evaluate bank performance using modern, international banking standards, including compliance, tech, transparency, and investor readiness.
🌍 Why It Matters:
This initiative is designed to attract institutional investors from around the world.
Reforms include modern regulatory frameworks, technology adoption, and financial transparency.
🇺🇸 "With an American Character"
Analysts are calling this a financial transformation with
“an American character”, as U.S. consulting firms play a major role in shaping Iraq’s new banking landscape.
💬 Mnt Goat Commentary:
“A new era of economic growth. Can they really do this without trading currency on FOREX?”
👉 Their words—not rumors. The momentum is building.
💡 Takeaway:
Iraq’s banking sector is no longer in the shadows. With U.S. backing, international oversight, and CBI commitment, this is shaping up to be one of the most significant financial overhauls in the region. All eyes are now on implementation—and potential currency implications.
🔗 Stay Connected for Real-Time Updates & Analysis:
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