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Establishment of the Iraqi National Payments Council
30/8/2017 12:00 am
Baghdad / Hussein Thugb
The expansion of the financial transactions of Iraq with different countries of the world led to the development of specialized institutions in this regard take the task of organizing the mechanisms of work and the paths of funds and correct channels away from all forms of manipulation and crimes in the capital market
Global. Prospects of cooperation and decided to establish the National Payments Council of Iraq to support the mechanisms of the work of the Central Bank of Iraq in achieving its strategic objectives. Director of Payments Department at the Central Bank of Iraq, said in an interview for "morning" that the work of the Iraqi financial sector is expanding continuously, pointing to the opening of the country to the outside world after a long break contributes to open new horizons of cooperation with various economic blocs, Iraq must have an advanced payment system commensurate with the size of its promising and influential economy in the international arena. International practices and added that the expansion of the Iraqi payments systems and link their work with external and local authorities, organizations and bodies for the purpose of the development of strategies for the development of payment and settlement systems and follow - up was established this Council in order to promote the best international practices and to ensure the safety and efficiency of the systems in the financial markets and the development of infrastructure
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30/8/2017 12:00 am
Baghdad / Hussein Thugb
The expansion of the financial transactions of Iraq with different countries of the world led to the development of specialized institutions in this regard take the task of organizing the mechanisms of work and the paths of funds and correct channels away from all forms of manipulation and crimes in the capital market
Global. Prospects of cooperation and decided to establish the National Payments Council of Iraq to support the mechanisms of the work of the Central Bank of Iraq in achieving its strategic objectives. Director of Payments Department at the Central Bank of Iraq, said in an interview for "morning" that the work of the Iraqi financial sector is expanding continuously, pointing to the opening of the country to the outside world after a long break contributes to open new horizons of cooperation with various economic blocs, Iraq must have an advanced payment system commensurate with the size of its promising and influential economy in the international arena. International practices and added that the expansion of the Iraqi payments systems and link their work with external and local authorities, organizations and bodies for the purpose of the development of strategies for the development of payment and settlement systems and follow - up was established this Council in order to promote the best international practices and to ensure the safety and efficiency of the systems in the financial markets and the development of infrastructure
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