UNDP endorses Iraq’s electronic payment services system
Economy News – Baghdad
On Saturday, UNDP approved the electronic payment services system in Iraq.
“We are pleased to announce the official approval of the electronic payment services system, which has been achieved through the joint efforts between the Central Bank of Iraq and the UNDP Economic Reform Support Project, and with the generous support of the United Nations Agency for International Development,” the United Nations Development Programme (UNDP), said in a statement, seen by Economy News.
He added, “This important achievement – which was officially approved and published in the Iraqi fact sheet on April 29, 2024 – confirms the pivotal progress in the financial sector in Iraq.”
He explained, “Approving the electronic payment services system is an essential step towards modernizing the country’s financial infrastructure, stimulating digital transformation and promoting economic development.”
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