IRAQ STATUS: A BAN ON CASH PAYMENTS
A ban on cash payments at government institutions will take effect early next month as part of Iraq’s push toward digital transformation.
Advisor to the Prime Minister, Salih Salman, told the Iraqi News Agency that the country has made significant progress in electronic payment systems, with bank accounts increasing to 22–23 million.
He added that Iraq is cooperating with around 30 foreign banks, reflecting deeper integration with the global financial system.
: Financial Times/ file