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MORNING UPDATE
Iraq is no longer hinting. Sudani just said the quiet part out loud.
Yesterday, Prime Minister Mohammed Shia al-Sudani held a major meeting with the heads of all Iraqi banks. The takeaway?
“The state will act as a regulator, not a controller.”
That’s your signal.
This is the exact language used by nations preparing for a monetary shift and here’s why it matters:
•Iraq is stepping back from centralized control of the banking sector
•The banking system is now “flexible, modern, and ready,” per Sudani
•First Rafidain Bank is launching with a new vision + foreign partnerships
•The government confirmed it’s absorbing excess IQD and replacing it with domestic production + foreign investment
•Banks are being told to invest, simplify, and prepare for global trust
This isn’t speculation, this is pre-RV protocol in plain sight.
They’re lining up the IMF, World Bank, Basel III, ISO 20022, and private sector cooperation. The only piece left?
What follows is going to be historic.
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