ADVISOR TO THE PRIME MINISTER: ELECTRONIC PAYMENT PROCEDURES CONTRIBUTED TO PRESERVING THE STABILITY OF THE IRAQI DINAR, 4 OCT

ADVISOR TO THE PRIME MINISTER: ELECTRONIC PAYMENT PROCEDURES CONTRIBUTED TO PRESERVING THE STABILITY OF THE IRAQI DINAR

Advisor to the Prime Minister and Chairman of the Supreme Committee to Support the Iraqi Dinar, Qasim Al-Dhalimi, announced today, Tuesday, the committee’s success in restoring the citizen’s confidence in the dinar, while indicating that it provided mechanisms to preserve the solidity of the dinar and the financial bloc.

 

Al-Dhalimi told the Iraqi News Agency (INA): “The Supreme Committee to Support the Iraqi Dinar worked on how to restore the citizen’s confidence in the dinar, and to make the main link between him and the source of his money and how the citizen connects the dinar to the solid Iraqi banks, and how to deal with it electronically,” indicating that “the committee worked on many important joints.”

He added that “the citizen wanted to know the extent of interest in dealing with the government or private bank by depositing his money, and how to find real mechanisms to support the dinar by balancing it with other foreign currencies,” noting that “there are mechanisms proposed by the committee on how electronic payment can be one of the features that preserve the solidity of the dinar, and preserve the financial mass within the banks, and for the citizen to be the first and last beneficiary and the process of electronic organization, so the committee sought to achieve financial security and stability in the government program.”