π Introduction: The Real Power Behind Iraq’s Monetary Reform
According to Walkingstick, the latest article coming out of Iraq is not just another banking headline — it is a direct signal from the highest monetary authority in the country.
This message is coming from the Board of Directors of the Central Bank of Iraq (CBI) — the very people who:
Control monetary reform
Decide exchange rate policy
Direct Governor Alaq on what to say and do
Negotiate directly with the United States of America
This is where real decisions are made.
π¦ CBI Board Discusses International Banking Partnerships
π Article Title:
“The Board of Directors of the Center for Banking Studies discusses activating international partnerships to support banking reform in Iraq”
This article confirms that Iraq is actively engaging international partners to modernize its banking system — a prerequisite for any meaningful monetary reform.
This is not future talk.
This is activation.
π Compliance with Global Financial Standards Confirmed
π Key Quote from the Article:
“These efforts are in line with… addressing the challenges of compliance with FATF, Basel and IFRS requirements, thereby… improving the readiness of Iraqi banks to integrate into the international financial system.”
What This Means:
FATF: Anti-money laundering & counter-terror financing
Basel: Global banking risk and capital standards
IFRS: International financial reporting transparency
Meeting these standards is mandatory for:
International banking
Cross-border settlements
Currency credibility
Exchange rate reform
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Why are FATF, Basel, and IFRS compliance important for Iraq?
Compliance with FATF, Basel, and IFRS standards allows Iraqi banks to integrate into the international financial system, a key requirement for monetary reform and exchange rate credibility.
π° Who Really Controls the New Exchange Rate?
Walkingstick makes this crystal clear:
“This is coming from the ones at the CBI that make all the decisions on the monetary reform, on the new exchange rate.”
Even more importantly:
“This is the board of directors that tell Alaq what to do and what to say.”
Key Takeaway:
Governor Alaq does not act independently
The CBI Board of Directors sets policy
Public statements are pre-approved and directed
Exchange rate decisions originate at the board level
This confirms institutional control, not political chaos.
πΊπΈ Negotiations with the United States
Walkingstick further states:
“These are the ones in negotiations with the United States of America…”
This is critical because:
U.S. oversight influences international banking access
Dollar-clearing compliance is essential
Sanctions risk must be eliminated
Global trust depends on U.S. cooperation
No international monetary shift happens without this alignment.
π Iran’s Influence Is Being Blocked
One of the most powerful assertions in this report:
“Iran cannot spill into Iraq.”
This signals:
Stronger border and financial controls
Reduced external political interference
Increased sovereignty over monetary policy
This aligns directly with FATF and U.S. requirements.
⚖️ Savaya Committee Cleans Up Corruption
Walkingstick adds:
“Savaya is weeding out all the politicians that stole dinar…”
This is a massive reform signal:
Anti-corruption enforcement
Recovery of stolen funds
Accountability at high levels
Improved investor confidence
Currency reform cannot coexist with unchecked corruption.
❓ Q&A: Walkingstick Report Explained
πΉ Q: Who is directing Iraq’s monetary reform?
A: The CBI Board of Directors, not individual politicians.
πΉ Q: Why are international partnerships important?
A: They ensure global banking integration and credibility.
πΉ Q: What role does the U.S. play?
A: Oversight, compliance approval, and dollar-clearing access.
πΉ Q: Why is corruption cleanup necessary?
A: To protect the currency, banking system, and foreign investment.
π’ Final Thoughts: Institutional Readiness Is the Signal
This report confirms:
International standards are being met
Banking reform is active, not theoretical
Exchange rate authority is centralized and controlled
External interference is being neutralized
This is how serious monetary reform looks.
Watch the board.
Watch the standards.
Watch the system — not the noise.
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Walkingstick
Article: "The Board of Directors of the Center for Banking Studies discusses activating international partnerships to support banking reform in Iraq"
Quote: "These efforts are in line with... addressing the challenges of compliance with FATF, Basel and IFRS requirements, thereby...improving the readiness of Iraqi banks to integrate into the international financial system."
This is coming from the ones at the CBI that make all the decisions on the monetary reform, on the new exchange rate. This is the board of directors that tell Alaq what to do and what to say. These are the straight directors from the board of directors directing Alaq to say these words. These are the one in negotiations with the Untied States of America...
Iran cannot spill into Iraq. Savaya is weeding out all all the politicians that stole dinar in the past.