Cash culture dominates Iraq, reform efforts stall 🔥

My FX Buddies · Aug 3, 2025 · 31m

🔥Iraq’s financial system is in crisis — not because of war or oil shortages, but because 92% of the nation’s cash never touches a bank.

link to My FX Buddies Blog

In this episode, we break down why distrust, outdated systems, and digital delays are stalling crucial banking reforms. From rural fear to contractor frustration, Iraq’s economy is stuck in a cash culture that’s draining liquidity, choking investment, and crippling financial modernization.

Support My FX Buddies:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠... ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠a free…