Monday, March 17, 2025

FRANK26: "DIGITAL = CASHLESS SOCIETY & IT BRINGS SECURITY & STABILITY", 17 MARCH

 KTFA

FRANK26: "DIGITAL = CASHLESS SOCIETY & IT BRINGS SECURITY & STABILITY"....F26

The Central Bank unveils a comprehensive plan to eliminate paper transactions.


3/15/2025

 

Baghdad
 

Central Bank Governor Ali Al-Alaq announced on Saturday that the government is working on a roadmap for a comprehensive digital transformation.

 

Al-Alaq told the official agency, as followed by "Al-Eqtisad News": "The government is working on a plan and roadmap to transition to e-government. There are steps, efforts, and a data center, and we hope that the ministries will take the initiative to interact." 
 
He added, "The Central Bank has a comprehensive plan. Over the past year, we have been able to reduce paper usage by 50%, and we will soon eliminate all paper transactions."
 
He continued, "The Central Bank is working to create a digital currency. This is a major undertaking being undertaken by the bank in coordination with international and Arab organizations and entities, and directly with the Arab Monetary Fund."

 

LINK

 

No comments:

Post a Comment

A2Z DREAMZ Mastermind Group Chat 4/4/25 Adam's portion on the call part 2, 7 APRIL

 A2Z DREAMZ Mastermind Group Chat  4/4/25  Adam's portion on the call part 2 What could we possibly see this week?  We are hearing fro...