MM&CREW IRAQ DINAR UPDATE-Iraq's Reform: CBI Release Major 5-Year Achievement Report-Timing-Iran?

Añadido: 2026-05-25

[00:00:00]Hey everyone, before I get started, I just want to remind you that if you like my content, hit that like button, subscribe to my channel, and then join the Militia Man and Crew Patreon community by clicking the link in the caption.

[00:00:18]Hey everybody, thanks for showing up.

[00:00:20]Here's another video for you guys tonight regarding the Iraqi dinar and maybe a little bit more than that. And it's a great great day and I hope everybody's having one. So, the first thing I wanted to talk about it was that there's an article that's out and it's about the CBI releases major 5-year achievements report. Uh, it says here, it says a a significant and timely release. It is right. The Central Bank of Iraq has just released a comprehensive 64 plus page document detailing its major achievements and reforms over the last five years. It's not a routine report either. It's a deliberate highle summary of the quiet foundational work uh we've been tracking since what 2020 21 2021 2022 yeah the timing to me is excellent it it comes right after the new uh zeti government is seated fascinating the financial stability council's active there too and multiple convergences that we've been seeing and we've been talking about are definitely tightening and getting yeah getting as tight as it gets. I guess those documents serve as a both a progress report and a public declaration of readiness for the next phase or is it the phase that we're actually in right now and it's actually being executed?

[00:01:38]We're going to find out some of the key key achievements that are highlighted in this report. It says the CBI focus on several core areas that directly support our study here at Militia Manic Crew Manic Crew uh at patreon.com. And don't forget our discord chat room at militia man's chat is dynamic. That's where you get super Samson's powerful data almost every single day definitely frequently. Okay, it's all good. Uh they talk about the banking sector modernization and compliance significant progress in the regulatory oversight and governance standards.

[00:02:16]Okay. and talking about bringing Iraqi banks in including stateowned banks uh into international benchmarks, international audit firms are in involved and they have been firmly involved. We know this for a long time.

[00:02:33]It's it's been well I'm sure it's been years but uh I think some of the contracts that they have with Ernston Young and Oliver Wyman and those um they fluctuate all the time but the bottom line is they're working in conjunction with banks um to advance the stages of mergers restructuring and andor full compliance. In other words, if you don't get merged or you don't get restructured, you're going to actually have on your own full compliance with international standards.

[00:03:04]digital transformation in payment systems, major expansion of electronic payments, financial inclusion initiatives, and digital infrastructure.

[00:03:12]Report emphasizes the shift away from cash and the development of modern payment rails.

[00:03:19]I love the way they worked some of this stuff, but it's yet it's exactly what we've been watching and seeing and it's accelerating and expanding because the meetings are expanding. And what are they including? including new blockchain licensing, not just the technology, but the licensing for those technologies.

[00:03:37]Powerful stuff. Foreign reserves management and monetary stability.

[00:03:42]Strong emphasis on maintaining robust reserves and effective monetary policy tools. The CBI continues to defend exchange rate stability while building a higher quality monetary base. We talked about reserves, we talked about gold, we talked about all those things. global integration efforts, improved correspondent banking relationships, compliance with international standards which are what? AML, CFT, ISO 2022, all ready to go if not already interconnected. ISO I'm assuming to a broad degree is already taken care of and that's been probably uh a year or two years. So anyway, um but it is what it's preparation for the global financial system. That's what we've been talking about for all this time. So, why does this report matter to our study?

[00:04:33]This document is a powerful validation of the long-term direction we followed.

[00:04:38]It's been a few years, hasn't it? It publicly confirms that the quiet foundational work, banking audits, digital rails, compliance upgrades, and institutional strengthening has delivered measurable results over the last five years.

[00:04:55]Yeah, I time flies. It really does. Um, sadly, a lot of lot of folks have been out here for well over 20, but again, what we're seeing now is like completely dynamic. I think the release is now is not coincidental.

[00:05:10]It comes at a moment when the new government is what what are they doing?

[00:05:14]They're priorit prioritizing economic executions. You guys have noticed also said Al Sudani. Alzetti has just been hammering it just before he even actually got started. They were talking about HCL probably about two weeks before he actually took took office. And that was fascinating in of itself. But that to me is like timed accordingly and was probably structured. And I got the feeling now now that I see this is that the man's been groomed for purpose.

[00:05:44]That's my view. We talk about the uh pressure for structural reforms like I just let in with HCL budget discipline diversification from all those ports etc etc all that is increasing icecata system the trir system and we have what we have gatekeeper engagement who are they the US tre treasury the federal reserve Oliver Wyman it's just a few is visibly advancing it visibly is so this report essentially says we've built the platform. The system is more mature and ready for deeper global integration.

[00:06:22]Ultimately, what else is going on? The implications for ready rear readiness because all of this ties in for the long lens that we've used together. The report strengthens the case for a managed rear adjustment. A stronger, more credible dinar needs a few things.

[00:06:39]Cleaner and more compliant banks and that's progressing. Modern digital infrastructure advancing quickly. Strong reserve backing and monetary stability being maintained. We already have all that high level of fiscal monetary coordination now institutionalized. The coordination between Baghdad and Urbal for one coordination banking coordination everything you're seeing government and banking side is uh being you know in coordination with each other. So these convergences are real and we all know that and it looks like they're just like coming together like that like I've been using tightening the CBI effectively to me is it signaling confidence in the work completed and positioning the system for the next stage. I believe it's the stage that we're in at the moment. But ultimately the this this 64page document is one of the strongest public signals we've seen in a long time or if ever in this kind of regard. It shows the central bank has made the progress under difficult conditions and is ready to move forward with the new government's reform agenda.

[00:07:45]The quiet foundational work of the last five years has delivered a much stronger platform for Iraq to do what they got to do. The execution phase is clearly underway. The convergences around banking and modernization, digital transformation, and global integration are gaining real momentum. All of these things are taking place.

[00:08:05]To me, this is completely 100 up% uplifting and encouraging at this moment. The reform train as I use it continues to build speed because it's like a lot of weight behind it. Yeah.

[00:08:20]So, anyway, we focus on the data here at Militia Manic. We're going to go into some other things, but but ultimately, thank you for being with us on that again. And thank you. If you like my content, please hit the like, subscribe, share with your friends, neighbors, because this content is really powerful.

[00:08:34]You should you should be aware of it.

[00:08:35]It's really good. I mentioned a little bit about cleaner environment, cleaner government, you know, and even early execution. So, the new cabinet is settled in quickly. We know that they did and is already delivering. We can see that taking place. Prime Minister Alzadi personally chaired the first meeting of the financial stability council. We talked about that and within hours, right? We remember that the government is also showing early focus on coordination between the fiscal and monetary policy while keeping heavy old guard influence on the sidelines. We don't hear much about Maliki anymore, do we? I don't think so. This cleaner political environment gives the economic and monetary teams the stability they need to operate effectively.

[00:09:16]I can totally see this. And here they talk about banking and financial reforms advancing, right? Central bank continues strong momentum. International audit firms are still final in in their final evaluation stage for major banks including Rapidane and Rasheed.

[00:09:31]You guys I just want to say you guys realize that at the end of the day that's one of the last things that takes place is privatization it's going to be it's in my opinion but I'm and I've read it it's important but at an important upcoming meeting with the United States Federal Reserve the US Treasury and Oliver Wyman is scheduled to advance the next phase of reforms. That's how they're wording it. But the bottom line is that we know that that's true.

[00:09:55]Compliant banks that meet all requirements will soon be allowed to deal in multiple foreign currencies beyond just the United States dollar.

[00:10:02]Governor Alalock has been firm and confident in repeatedly ruling out any devaluation and emphasizing stability.

[00:10:11]It's fascinating and it's it's really good to see. But in addition, the CBI has released a major summary of its achievements over the past five years.

[00:10:20]This report highlights significant progress in a banking sector reform, digital transformation, compliance upgrades, and strengthening the overall financial system. To me, these steps are preparing the banking sector for deeper global integration and stronger overall credibility. But let's not forget digital transformation is accelerating across all sectors. At the same time, the CBI held a major expanded meeting with the licensed electronic payment companies to upgrade services, strengthen the compliance, and push financial inclusion. So the new justice mi minister directed a comprehensive digitalization program for courts, land registration and services etc. So ultimately what is it? The CBI granted its first explicit license for blockchain and digital technologies.

[00:11:06]We talked about all this stuff before talked about tokenized um commodity trades. Iraq is filthy rich with commodities. It's going to be a powerful time frame you guys. It's basically all aligning with a national push. You can see stuff going on in Carbala in certain pro provinces etc. It's fascinating because ultimately what's what's the end goal? Global integration and rear readiness. Global integration. That's what I want to see. I want to see that rear just like everybody else. But ultimately these developments across the banking, the digital systems, trade corridors that we've been seeing, fiscal coordination and the CBI's 5-year achievements are building a much stronger platform for deeper integration of global system. The gatekeepers have been closely involved for years and understand the progress that has been made. In fact, they've been guiding it and working with it for many years. with cleaner governance advancing, which is what we've just witnessed. Advancing audits, they're talking openly about Oliver Wyman, etc. Growing their non-oil revenues, we have the TIR that the ice cuta systems etc. Less gas flaring, those types of things are all conditions for a managed rear adjustment. And um those conditions at this time is the best I've ever seen.

[00:12:25]The convergences are powerful and happening simultaneously. That's what convergences are. They just all converge simultaneously at the same time. So anyway, ultimately this is exciting and uplifting period for this for this to see these things come into play and I would just say that uh these are real signals and obviously we we're going to stay grounded. But you know there's some interesting thing out today which is fascinating. I just got that this in from one of our members. I want to thank J Jamaica for for sending it to me, but I don't have the article or anything at the moment, but I did some research and it's fascinating because it's preliminary. So, if it's true, um, great. We're going to watch and see what happens. But, President Trump um has announced that a preliminary agreement has been reached with Iran. You guys realize Iran is one of the the largest trading partners with Iraq and has been.

[00:13:20]So it it it could very well have implications that'll be very positive, really positive for us. He stated that a broader deal has been largely negotiated. The straight of Hormuz would be reopened as part of this framework.

[00:13:34]So to me, what does it mean? Well, to me, it's significant and timely development. Is there any coincidence?

[00:13:41]I'm not so sure. But any agreement that stabilizes or reopens hormuz would immediately ease pressure on Iraq's oil exports and revenue. It lowers regional risks, supports stability for the news 80 government. Sure. And creates a calmer environment for the economic and monetary reforms that we've been tracking all along here at Militia Manic Group. Lower volatility makes the managed rear more smooth, safer, and more feasible.

[00:14:09]It does. It makes it more safer and feasible, lower volatility. Yeah. So, this fits the convergence convergences that we've been seeing and building. So, the political cleanup, diversification efforts, banking reforms, now potential regional deescalation. You got to love this kind of stuff at the same time. And you get you really have to ask yourself, is there a coincidence or or not? Yeah, I don't know. It's a positive development. Let's see what happens with the next steps. But a one more thing about this is to me a successful US Iran deal that stabilizes or reopens the trade of hormones would be very important for Iraq.

[00:14:50]The trade environment will be completely different. I mean think about investors, think about insurance costs, you think about all those things, all the uh diversification Iraq has done and then add back in that oil.

[00:15:05]talk about being able to defend your exchange rate per all lock. Um that's what he's going to be doing, keeping inflation. He has all the tools. He talked about all these things and here we see this today. So hopefully it happens. But ultimately it would probably immediately redis uh reduce risk to oil exports, improve revenue predictability and lower insurance and shipping costs. More importantly, it would create a much calmer regional environment, which makes a managed rear significantly safer and more feasible.

[00:15:41]Lower geopolitical tensions removes one of the biggest external risks that could delay or complicate a move. combined with the internal progress we've tracked, we've already been all over all there's a laundry list of all that stuff, but it all of that it strengthens the overall conditions for deeper global integration and long-term currency value.

[00:16:04]Ultimately, if a deal is made, it'll be a meaningful tailwind for everything we've been following. And I think that when they say when it's said to be immediately, I would I think the markets will probably appreciate it. I think the world will appreciate it, too. I hope everybody does, even everybody involved. So, thank you for being with me uh here at Militia Man and Crew. We much appreciate your support. Um PayPal is one of the places that you guys can do that to help us keeping the content while this unfolds uh live and well. But don't forget, hit like, subscribe, and share with your family and friends. And uh we'll see you soon.

[00:16:50]Once again, guys, don't forget to hit that like button if you like this content. Subscribe to the channel or join us at the Militia Man and Crew Patreon community for even more exclusive content. You can also donate to this channel by hitting the links in the banner to help keep this page up and running. Your generous support is greatly appreciated. as always much much appreciated. Thank you so much and have a great day.