The narrative surrounding Iraq’s economic future has often been one of “wait and see,” but a recent deep dive by MilitiaMan and The Crew suggests that the waiting game is rapidly coming to an end. The centerpiece of this update is the Central Bank of Iraq’s (CBI) bold leap into the third phase of its banking evolution. While the previous phases focused on modernization and initial digitalization, this new phase is defined by full digital transformation. This isn’t just about convenience; it’s about aligning Iraq with international banking standards, making it a viable and secure player in the global financial arena. The…
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