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Government Advisor: These are ways to enhance the great development in the digital payments system in Iraq
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[rtl]Baghdad / NINA / The Prime Minister's Advisor for Financial Affairs considered that the application of e-governance contributed to protecting public money and reducing corruption.
Mazhar Mohammed Salih said, during the Electronic Payments towards Financial Stability in Iraq Conference, which kicked off today, Saturday, in the capital, Baghdad, that "the convening of the conference today with the participation of international organizations, local interests, and electronic payment companies, with the participation of the Association of Private Banks and the President of the Arab Monetary Fund, represents the major shift that Iraq is currently witnessing in the field of the development of digital payments in the current information age and its contributions to enhancing financial stability in our country."
He explained that "digital developments are one of the important infrastructures in protecting the national economy from external fluctuations and ensuring their provision in the financial system, including banks, financial institutions, and the financial and banking markets in general in Iraq."
Salih said that "the government program emphasized the importance of e-governance and considered it an integral part of the policy of economic reform and financial and administrative transparency," indicating that "the great boom in electronic payment systems that Iraq is witnessing and the economic transformation is based on cash and its risks."
He added, "The great leap in the digital payments system in Iraq may be reinforced today by the physical and legal infrastructure provided by the Iraqi government, through the decisions taken by the Council of Ministers to facilitate the work of digital companies and improve the digital climate in Iraq."
He added, "The vision policies launched by the government in implementing e-governance were returned for the sake of speeding up public collection, protecting public money and reducing corruption, because it is one of the most important systems for the transition from cash to digital payments," stressing that "this development is important for integration into the global economy, which is essential for digital diversity, which encourages the flow of foreign investment to our country, development, innovation, e-commerce and digital development in Iraq." / End 5
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Mazhar Mohammed Salih said, during the Electronic Payments towards Financial Stability in Iraq Conference, which kicked off today, Saturday, in the capital, Baghdad, that "the convening of the conference today with the participation of international organizations, local interests, and electronic payment companies, with the participation of the Association of Private Banks and the President of the Arab Monetary Fund, represents the major shift that Iraq is currently witnessing in the field of the development of digital payments in the current information age and its contributions to enhancing financial stability in our country."
He explained that "digital developments are one of the important infrastructures in protecting the national economy from external fluctuations and ensuring their provision in the financial system, including banks, financial institutions, and the financial and banking markets in general in Iraq."
Salih said that "the government program emphasized the importance of e-governance and considered it an integral part of the policy of economic reform and financial and administrative transparency," indicating that "the great boom in electronic payment systems that Iraq is witnessing and the economic transformation is based on cash and its risks."
He added, "The great leap in the digital payments system in Iraq may be reinforced today by the physical and legal infrastructure provided by the Iraqi government, through the decisions taken by the Council of Ministers to facilitate the work of digital companies and improve the digital climate in Iraq."
He added, "The vision policies launched by the government in implementing e-governance were returned for the sake of speeding up public collection, protecting public money and reducing corruption, because it is one of the most important systems for the transition from cash to digital payments," stressing that "this development is important for integration into the global economy, which is essential for digital diversity, which encourages the flow of foreign investment to our country, development, innovation, e-commerce and digital development in Iraq." / End 5
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