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Follow the Money: Sudani Demands Action from Iraq’s Banks

Prime Minister Mohammed Shia al-Sudani is making it clear: Iraq’s banks must do more than sit on deposits.

link to My FX Buddies BlogIn a high-level meeting this week, Sudani reviewed mechanisms to support banks in financing infrastructure and development projects, urging them to become active drivers of economic reform — not just intermediaries.

The push comes as Baghdad focuses on real-world impact — housing, power, and transport — where financial institutions are expected to partner with private investors, international lenders, and the Central Bank to fund national priorities.

Analysts…

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