Militia Man
Article quote: "Protect investors against certain risks such as political instability, expropriations or currency inconvertibility."
Isn't that interesting? 'Inconvertibility'.
In other words Iraq's currency at the moment isn't quite convertible just yet.
Is it expected to be convertible on the Forex. I think it is.
By leveraging foreign expertise, the Association of Banks intends to enhance the capabilities of banking sector employees.
Economy | 02:42 - 06/06/2025 Mawazine News - Baghdad – The Iraqi Private Banks Association announced on Friday the completion of training for banking sector cadres by the end of the year, utilizing foreign expertise. It also confirmed the continuation of the search for strategic partnerships with foreign banks.
Chairman of the Iraqi Private Banks Association, Wadih Al-Handhal, said in a press statement that "many issues were discussed during the recently held Anti-Money Laundering and Combating the Financing of Terrorism conference, most notably the challenges facing Arab banks in complying with international laws and regulations and ways to meet the requirements of correspondent banks."
He added that "the conference discussed with experts, researchers, writers, and officials from Arab and foreign banks to develop a mechanism for cooperation to simplify procedures for Iraqi banks to deal with correspondent banks and how to consolidate the concept of technology and artificial intelligence in the use of banking operations as part of our work. Most importantly, it is necessary to search for strategic partnerships with foreign banks."
The head of the Iraqi Private Banks Association continued, "Work is underway and the world is advancing at the speed of light. Many Iraqi banks are working to keep up, but it's not easy, because some of the human cadres in the banking sector need training and courses."
He emphasized that "the Association of Banks, in cooperation with the Central Bank, has launched ongoing courses for banking cadres, but they will require some time, at least until the end of next year. However, work is underway, and we are seeking foreign expertise from outside Iraq and are continuing to adapt to it." https://www.mawazin.net/Details.aspx?jimare=262219
Fnu Lnu
Article: "Iraq's National Investment Commission (NIC) has announced more than 135 ready-to-offer investment opportunities across key economic sectors as part of its preparations for the Iraq Investment Forum 2025, scheduled for 14-15 June."
Here we see that Iraq is moving full steam ahead toward a vibrant private sector.
This sector is in its infancy and is being realized WITHOUT a revalued Dinar.
1320 works just fine and is NOT an impediment to investment or development.
It also shows us that Iraq is International with the 1320 Dinar even though the Dinar is NOT on FOREX.
Haider Karim Al-Gharawi: The Availability Of Cash In The Country Expands The Scope Of Projects.
June 3, 2025 Last updated: June 3, 2025 3Al-Mustaqilla/- Economic expert Haider Karim Al-Gharawi stressed that the availability of cash liquidity in the country is essential to expanding the scope of business in all sectors.
Al-Gharawi said that the Central Bank of Iraq's confirmation of the availability of liquidity in the country and that there is no problem with this matter is a reassuring message that will expand the scope of business and services .
He pointed out that the country's reality requires everyone to work towards improving the services provided to citizens and improving the reality of life. He pointed out that the volume of work in Iraq is large and requires local and international efforts.
https://mustaqila.com/حيدر-كريم-الغراوي-توفر-النقد-في-البلاد/
CRYPTO TRADER
