Monday, June 2, 2025
Government Advisor: Iraq Is Third In The Arab World In Cards
Government Advisor: Iraq Is Third In The Arab World In Cards
Economy | 11:02 - 05/31/2025 Mawazine News - Baghdad - The financial advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed today, Saturday, that Iraq's ranking as third in the Arab world in the number of bank cards issued is an important indicator of the development of the financial sector and the growing community and international confidence in government measures.
Salih said in a press statement to the official agency, followed by Mawazine News, that "Iraq will enter the era of fully electronic collection in the middle of this year, and this matter enhances the confidence of financial institutions and global investment banks that Iraq is moving towards a more transparent and professional economy with advanced methods that guarantee economic prosperity."
He added that "electronic collection will also give the impression that the Iraqi financial environment has become more prepared to receive financial technology solutions and investments in the digital banking and insurance sectors in an attractive and accelerated manner," noting that "this step reflects the strategic government effort seeking to modernize the financial infrastructure and facilitate non-cash transactions."
He continued, "Iraq ranked third in the Arab world in the number of bank cards issued, which is an important indicator of the development of the financial sector and the growing community and international confidence in government measures."
He indicated that "the government is actively pursuing digital financial transformation to achieve advanced levels of sustainable development, in accordance with the indicators of the National Development Plan 2024-2025 and the current government program."
He explained that "the progress achieved by Iraq in the field of using digital banking payments undoubtedly indicates the extent of the accelerated strategic progress achieved in spreading the use of bank cards and the beginning of achieving a structural transformation in the Iraqi economy towards a digital economy."
He stated that "utilizing modern technology will enable Iraq to achieve qualitative leaps in financial inclusion, maximize added value in the national economy, reduce poverty and unemployment, and facilitate economic reforms on a broader scale."
He pointed out that "this matter is also a major success for the government program related to e-governance and the implementation of an integrated and basic digital infrastructure in preparation for the transition to a digital economy and broad financial inclusion." https://www.mawazin.net/Details.aspx?jimare=262062
MILITIAMAN: What we're hoping is Iraq changes the value of the currency and has no sanctions on it
Militia Man
The UN stating...Iraq's going to be a banking powerhouse in the coming days...
The UN statement is a pretty big deal. Article quote: "The UN supports Iraq's approach with this transformation that is expected in the coming days.'
What we're hoping is Iraq changes the value of the currency and has no sanctions on it.
..Iraq is far more further along in her reforms than many probably realize. The data supports that..
The Prime Minister Confirms Support For The Industrial Sector And Iraqi Goods By 18% Of The Product Value
The Prime Minister Confirms Support For The Industrial Sector And Iraqi Goods By 18% Of The Product Value
Economy | 01:17 - 05/31/2025 Mawazine News – Baghdad Prime Minister Mohammed Shia Al-Sudani affirmed the government's support for the industrial sector in developing production and reducing unemployment, while pointing out the commitment to support manufactured goods inside Iraq with 18% of the product's value for export abroad.
The Prime Minister's media office said in a statement received by Mawazine News that "Prime Minister Mohammed Shia Al-Sudani inaugurated, today, Saturday, the factories of the United Arab Food Industries Company Limited, located in Mahmoudiya District, south of Baghdad on the international highway."
The statement added that "the Prime Minister toured the company, its factories and administrative departments, met with its employees, and listened to a detailed explanation of the company's products and the level of production, which represents the first phase of work, and the challenges it faces."
According to the statement, the Prime Minister praised "the efforts of those in charge of the company and its employees," stressing "the government's readiness to provide all facilities and services in order to move to the second phase of expansion in work and production."
He praised the factory, "which represents one of the milestones we are proud of, as it was constructed to modern specifications," stressing "our commitment to supporting the private sector's successful experiences in establishing modern production lines, and as a true partner in advancing the national economy." https://www.mawazin.net/Details.aspx?jimare=262064
Jon Dowling : Sudani is finalizing the budget this week to be done well before Eid Al Adha holiday this coming Saturday.
Jon Dowling
We’re here, the first of June!
And with it you can see the new system is being cued up and the old one is being dismantled for the normies to see.
And XRP is at the forefront of it all.
Notice how President Trump mentioned %13 tax rate?
He’s giving us major NESARA comms. Even less than the anticipated %14-17 rate initially discussed.
Maliki, an Obama holdover is Iraq is being isolated for either jail or outright execution.
Sudani is finalizing the budget this week to be done well before Eid Al Adha holiday this coming Saturday.
FRANK26…5-28-26….THINKING
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