In a recent video update, MilitiaMan and his team, comprising Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI, and MilitiaMan, provided a comprehensive overview of Iraq’s ongoing efforts to integrate into the global financial system. As of December 10th and 11th, 2025, the country has made significant strides in various areas, including bilateral talks, digital infrastructure, and financial market modernization.
One of the key highlights of the update was the bilateral talks between Iraq and Qatar, which focused on investment protection, trade, energy, and infrastructure. The talks resulted in foreign direct investment commitments exceeding $100 billion, with potential reach of $450 billion. This is a significant boost to Iraq’s economy, which has been largely dependent on oil exports. The growth in oil exports, particularly to the United States, has also contributed to stronger revenues and currency stability.
The video also highlighted the finalization of satellite internet licensing with SpaceX’s Starlink, which aims to extend digital banking services to rural areas and promote financial inclusion. This is a crucial step towards bridging the digital divide and providing access to financial services for underserved communities. The Central Bank of Iraq has confirmed the active implementation of the digital dinar project, which aligns with global trends towards tokenized currencies and cross-border payments.
Iraq has also partnered with the Bank of International Settlements’ Agora project and digital currency frameworks involving XRP and RLUSD. These partnerships demonstrate the country’s commitment to innovation and its willingness to adopt cutting-edge technologies to modernize its financial system. The implementation of digital currencies and cross-border payment systems will facilitate trade and commerce, making it easier for businesses to operate and for individuals to access financial services.
In addition to these developments, Iraq is also enhancing its compliance with international anti-money laundering standards. The country has maintained provisional budget spending to ensure infrastructure continuity and is working on agricultural diversification aligned with WTO commitments. These efforts demonstrate Iraq’s commitment to transparency and accountability, which are essential for building trust and confidence in its economy.
The video update underscores Iraq’s progress in building a stable and interoperable financial system that leverages both oil and non-oil revenues. The country’s expectations that non-oil income could reach $50 billion in the near future are promising, and the substantial natural resource assets and diversified revenue streams position Iraq for imminent integration into the global economy and financial markets. This has positive implications for currency valuation and economic stability, making Iraq an attractive destination for investors and businesses.
In conclusion, Iraq’s digital revolution is well underway, with significant developments in bilateral talks, digital infrastructure, financial market modernization, and compliance. The country’s commitment to innovation, transparency, and accountability is evident, and its efforts to build a stable and interoperable financial system are paying off. As Iraq continues to make progress, it is likely to become an increasingly important player in the global economy, with a stronger currency and a more diversified economy. Watch the full video from MilitiaMan and Crew for further insights and information on Iraq’s journey towards economic stability and growth.
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