Iraqi Leadership Addresses Financial Sector Stability and International Cooperation
- Reports
- 4
- Developments
- 9
- Repetition
- 75%
New informationRepeats or wire copies
What happened
The Iraqi Prime Minister, Ali al-Zaidi, stated he would not resign despite pressure regarding armed factions, insisting the issue was a constitutional matter to be addressed through legal channels. Separately, the governors of the Central Bank of Iraq and Iran's central bank met in Baghdad to discuss financial and banking cooperation. During a separate meeting, U.S. Secretary of the Treasury Scott Bessent met with Iraqi Prime Minister Ali Al-Zaidi to discuss combating illicit finance and strengthening Iraq's financial sector.
Why it matters
These high-level discussions involve the central bank of the Republic of Iraq and the Iraqi government regarding financial stability and international compliance. The talks focused on strengthening bilateral banking relations and coordinating efforts to counter threats from Iran.
The Central Bank of Iraq is cooperating with the Iraqi government on economic interests, financial sector strengthening, and countering threats from Iran.
Who's involved
- IraqSovereign state whose government and central bank are subjects of international cooperation.
- Central Bank of IraqCentral bank of the Republic of Iraq, involved in high-level talks on financial cooperation.
How it developed
Newest first. Tap a step to see who reported it.- The Ministry of Finance and Central Bank of Iraq implemented a coordinated customs duty pre-collection mechanism.Sub-event
- Falsifying cash-sale records for travelers involving the Central Bank of Iraq and associated entities.Sub-event
- The Central Bank of Iraq continues economic reform efforts in coordination with Oliver Wyman.Sub-event
- The Central Bank of Iraq has set the official exchange rate for Iraq, amid ongoing cooperation allowing Iran to utilize Iraqi trade routes and networks.Sub-event
- Iraq established a Joint Economic Committee and signed agreements on trade and infrastructure.Sub-event
- The Central Bank of Iraq is advancing the development of the national payments system in Iraq.Sub-event
- Agreement reached to rehabilitate seven Iraqi banks and reconnect them to international correspondent networks during a business conference in Washington.Sub-event
- High-level talks regarding international financial compliance standards were held by the Central Bank of Iraq.Sub-event
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Cooperation between the Iraqi government and the Central Bank of Iraq on financial security and economic interests.1 source
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The entities involved
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Iraq
sovereign state in Western Asia
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Central Bank of Iraq
central bank of the Republic of Iraq
Nothing else this week.
Related events
- Abdullah bin Zayed Al Nahyan discussed bilateral cooperation and regional security issues with representatives of Iraq on January 1, 2026.
- Iraq was involved in the war against the Islamic State group, starting August 1, 2026.
- The Iraqi coalition is discussing the integration of the Popular Mobilization Forces into state institutions, including plans to transfer their arsenal to Iran for storage.
- Leaders in Iraq call for deeper bilateral cooperation and solidarity while condemning US and Israeli aggression against Iranian interests.
- Rothschild & Co is discussing investment opportunities and expanding cooperation with international banks regarding Iraq's economic future.