Thursday, November 28, 2024

TIDBIT FROM CLARE, 29 NOV

 Clare 

 Article:  "Al-Alaq on the platform closure: There is no sudden transition, but rather a gradual one that will be completed within two weeks

 Quote: "Alaq, announced...that the monetary situation in Iraq is at its best...External transfers for trade purposes are proceeding smoothly after the implementation of the new system...

There is no sudden transition, but rather a gradual transition that began in 2024, where the banks’ relationship was transferred directly to correspondent banks without going through other links, and the process was completed successfully...

More than 95% of this goal has been achieved, and this process will be completed successfully within the next two weeks...There is international anticipation to celebrate this occasion.”


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