My FX Buddies
My FX Buddies
Tish Washington
The World Bank Just Approved Iraq's Biggest Budget Reform Yet!
38 minutes Posted Jul 8, 2026 at 6:38 am.
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Iraq has taken another significant step toward modernizing its financial link to My FX Buddies blogsystem as the World Bank publicly praised the Ministry of Finance's transition to a program and performance-based budget.In this video we discuss:✅ World Bank support for Iraq's reforms✅ The move away from traditional budgeting✅ Program & performance budgeting explained✅ Digital transformation inside the Ministry of Finance✅ Improved transparency and governance✅ Better government spending oversight✅ Why this matters for investors✅ Long-term implications for Iraq's economyAs Iraq continues implementing banking reforms, digital payments, anti-money laundering compliance, and private-sector development, this latest announcement shows another piece of the country's long-term economic modernization strategy.If you follow Iraqi economic reforms, Central Bank developments, banking modernization, investment opportunities, and the future of the Iraqi economy, this update is one you won't want to miss.