Saturday, March 8, 2025

MNT GOAT "GOVERNMENT ADVISOR: ELECTRONIC PAYMENT ENHANCES DINAR STABILITY, SHRINKS PARALLEL MARKET", 8 MARCH

 MNT GOAT

"GOVERNMENT ADVISOR:

ELECTRONIC PAYMENT ENHANCES DINAR STABILITY, SHRINKS PARALLEL MARKET"


This is exactly what we want to hear at this point in time! "Mazhar Muhammad Salih, confirmed that the public's increasing conviction in using electronic payment cards for travel purposes or paying dues to small companies has achieved great success in reducing the size of the parallel market for the US

dollar, which has contributed to its gradual decline.'

" The financial advisor pointed out that the new monetary policy tools adopted by the Iraqi government, in cooperation with the Central Bank, have directly contributed to directing cash liquidity towards official channels, which has enhanced public confidence in the dinar and led to a reduction in informal transactions in the dollar. Perfect, Perfect, Perfect! ©

Their words not mine.....