Iraq’s banking sector is at a pivotal crossroads. link to My FX Buddies BlogWith pensioners facing delays, global scrutiny on dollar transactions, and over 80% of money circulating outside banks, the pressure to reform has never been greater.Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠....Get a FREE transcript at:⁠⁠https://rss.com/podcasts/myfxbuddies⁠⁠In collaboration with global consulting giant Oliver Wyman, Iraq’s Central Bank is leading a comprehensive reform plan from 2025–2028 aimed at:Strengthening financial stabilitySupporting non-oil productive sectorsExpanding financial inclusionTransitioning from a cash-based economy to a modern digital economyExperts warn that success could mean the end of restrictions on dollar transactions, international confidence in Iraqi banks, and new opportunities for sustainable development. But failure could leave the sector stuck in inefficiency, instability, and limited global access.👉 In this episode, we break down Iraq’s banking reform plan, its challenges, and what it means for the future of the country’s economy and its people.

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