Sunday, December 1, 2024

Government Advisor: Financial inclusion to increase from 20% to 48%, 1 dec

 Government Advisor: Financial inclusion to increase from 20% to 48%

The Prime Minister's Advisor for Financial and Economic Affairs, Mazhar Muhammad Salih, confirmed that financial inclusion in Iraq, represented by bank accounts, has increased to 14 million, with 20 million users.
He pointed out in a press statement that “Iraq is witnessing a boom in adopting e-governance as a basis for integrity and financial efficiency.”
He explained that "national indicators confirm that financial inclusion in Iraq has increased from 20% to 48% at present compared to previous years."
He added, "The basis of financial inclusion is the number of personal bank accounts, as inclusion aims to enable individuals and companies to access financial services appropriate to their needs in an easy and reasonable manner, while ensuring legal protection and transparency

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