The Central Bank to NINA: The expansion of electronic payment operations will push towards the adoption of electronic signature in Iraq, 30 MAY

 The Central Bank to NINA: The expansion of electronic payment operations will push towards the adoption of electronic signature in Iraq

Wednesday 29 May 2024 17:31 | Economical Number of readings: 340  Baghdad / NINA / The Central Bank of Iraq stressed the importance of proceeding with the adoption and implementation of the electronic signature project in Iraq.

Deputy Governor of the Central Bank, Ammar Hamad Khalaf, said in a statement to the National Iraqi News Agency ( NINA ): “The expansion of the use of electronic payment operations will impose the need to implement the electronic signature.”

He added: "The need for paper signatures in government transactions and official papers will diminish in the future, until the need disappears completely with the expansion of the use of electronic payment processes and electronic signatures in daily transactions. There will be an obligation to amend laws or implement previous legislation related to electronic signatures."

Last March, the Ministry of Communications announced that 90% had been achieved in the electronic signature project, which aims to include Iraq in the list of countries in the world whose electronic transactions are recognized as reliable, upon adopting the electronic signature in these transactions, which can be issued to any citizen or governmental or private entity.

Desiring to obtain it by obtaining the internationally accredited electronic certification certificate, which will be issued by the Ministry of Communications in accordance with the law.

She explained: “Adopting the electronic signature in administrative and financial transactions in Iraq will contribute to simplifying procedures and supporting the government’s orientations towards digital transformation. And reducing financial and administrative corruption.”/End 5 https://ninanews.com/Website/News/Details?Key=1129504