💼 Al-Sudani Pushes Hard on Financial & Banking Reforms — Iraq’s Economy Set for a Modern Makeover! 🚀

5 days ago 3

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💼 Al-Sudani Pushes Hard on Financial & Banking Reforms — Iraq’s Economy Set for a Modern Makeover! 🚀

Key Highlights:

✅ Strong focus on transparency, governance, and anti-corruption
✅ Partnership with KPMG to boost financial audits & banking sector credibility

✅ Commitment to restructuring government companies and improving efficiency
✅ Support for Central Bank & Trade Bank to meet international audit standards
✅ Strict enforcement of Law No. 28/2019 — reclaiming excess privileges from officials
✅ 15 new general managers appointed, with accountability measures firing underperformers

What This Means:

Prime Minister Mohammed Shia al-Sudani is driving a major transformation — building a modern, transparent, and internationally respected Iraqi economy. This isn’t just talk; concrete actions are being taken to clean house, raise operational efficiency, and protect public funds.

Why Investors Should Care:

A stable, accountable financial system builds confidence. Reforms like these lay the foundation for a stronger Iraqi dinar and sustainable economic growth.