Thursday, March 7, 2024

"ANALYSIS OF IRAQ NEWS: "IMF... WB... UST... THE FLOOR IS NOW SPOTLESS!!!" BY FRANK26, 7 MARCH

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FRANK26: "IMF... WB... UST... THE FLOOR IS NOW SPOTLESS!!!"...............F26

Economist: Implementing the automation system is a devastating blow to money smugglers

3/5/2023

Baghdad

Economic expert Abdul Hussein Tawfiq confirmed today, Tuesday, that implementing the automation system in the banking system is a devastating blow to money smugglers and corrupt people.

Tawfiq said in an interview with Mawazine News, “Implementing the electronic “automation” system is in the interest of Iraq and will generate abundant funds for it.”

He added, "The tone of Finance Minister Taif Sami was very nervous, which indicates the presence of parties obstructing the implementation of the automation system."

He pointed out that "implementing the automation system will enable the state to limit corruption and end smuggling operations."
Tawfiq pointed out that “implementing the automation system is a step in the right direction by the government.”
He continued: "We hope for the best if the automation system is implemented in Iraq and it will generate a lot of money for the state treasury."

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