In a recent video update from MilitiaMan and Crew, titled “Watch the Reforms – Listen Not to the Noise,” the team provides an insightful analysis into the ongoing economic and political developments in Iraq. Focusing on the implementation of the ASYCUDA customs system and its implications for trade, as well as Iraq’s efforts to modernize its financial infrastructure and bolster ties with global financial institutions, the discussion sheds light on the country’s strategic economic reforms.
The video begins with an overview of the recent protests by Baghdad merchants against Cabinet Resolution 957 of 2025, which aims to enforce stricter customs tariffs and pre-shipment declarations through the ASYCUDA system. The merchants’ concerns revolve around the potential for trade disruptions, delays in the release of goods, and subsequent shortages and price hikes. However, MilitiaMan and Crew view these protests as a natural response to the enforcement of a system designed to curtail informal and parallel market activities that have historically relied on smuggling and under-declaration.
The ASYCUDA system, with its rigorous electronic verification processes, bank-linked transfers, and itemized duty assessments, is pushing traders toward full compliance, thereby reducing the informal economy and increasing government revenue. This significant shift is a crucial step in Iraq’s journey toward a more transparent and regulated economic environment.
Beyond the ASYCUDA system, the Finance Minister’s participation in the 10th Arab Public Finance Forum in Dubai underscores Iraq’s commitment to strengthening regional and international cooperation. Discussions at the forum centered around sustainable development, financial stability, and the modernization of Iraq’s tax and financial systems – all key components of Iraq’s long-term vision to diversify its economy and reduce its dependence on oil.
MilitiaMan and Crew highlight the quiet yet significant engagement between Iraq and major international institutions such as the World Bank, IMF, EBRD, and others. This growing cooperation is a testament to the confidence these institutions have in Iraq’s emerging market status and its potential for growth.
A critical aspect of Iraq’s transition is the deliberate and measured approach taken by gatekeepers like the IMF, BIS, and the US Treasury. By employing a strategy that balances quiet pressure with endorsement, these institutions ensure that reforms are implemented steadily, avoiding shocks and maintaining market stability. The political noise, protests, and factional disputes are framed as tactical distractions that serve to prevent complacency and speculative excess, keeping stakeholders alert without triggering panic.
The indicators of Iraq’s progress are telling: rising non-oil revenues, surging digital payments, growing reserves, and low inflation all point to the success of the reforms. The Central Bank of Iraq’s independence and the rollout of the digital dinar are pivotal components of this transformation, signaling a significant shift toward a more modern and integrated financial system.
In conclusion, despite the challenges and public unrest that accompany such profound changes, MilitiaMan and Crew reinforce the notion that Iraq’s trajectory toward economic reform and integration with global markets is both irreversible and strategically managed. For those looking to gain a deeper understanding of these developments and their implications, watching the full video update from MilitiaMan and Crew is a valuable resource.
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