Al-Sudani's Advisor Explains: Did Electronic Payment Procedures Contribute To Preserving The Dinar's Solidity?, 2 OCT

 Money and business   Economy News – Baghdad  [rtl]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 citizens’ confidence in the dinar, while pointing out that it has provided mechanisms to preserve the solidity of the dinar and the financial bloc.

Al-Dhalimi said, "The Supreme Committee for Supporting the Iraqi Dinar worked on how to restore the citizen's confidence in the dinar, and to make it the main link between him and the source of his money and how the citizen can connect 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 the interest of the government or private bank in dealing with 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 for how electronic payment can be one of the features that preserve the solidity of the dinar, and preserve the financial mass present within the banks, and for the citizen to be the first and last beneficiary and the electronic organization process, so the committee sought to achieve financial security and stability in the government program." Views 62 10/01/2024 https://economy-news.net/content.php?id=48215