Washington Is Watching: Can Iraq’s Reforms Prove They’re Real? 🇮🇶💼

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Bullet Point Summary: ⁠link to My FX Buddies Blog⁠ 💡https://www.myfxbuddies.com/2025/10/washington-is-watching-can-iraqs.html
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.

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Digital 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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