Baghdad – WAA – Wissam Al-Mulla
The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Saturday, that the application of e-governance has contributed to protecting public money and reducing corruption, while he indicated that it is an integral part of the economic reform policy in Iraq.
The Prime Minister’s representative, his financial advisor, Mazhar Mohammed Salih, said at the Electronic Payments towards Financial Stability in Iraq conference, which was attended by the correspondent of the (INA): “On behalf of the Prime Minister, I convey to you all his high appreciation for the International Payments and Banking Technologies Conference, as the conference represents a major shift that Iraq is currently witnessing in the field of developing digital payments in the current information age and its contributions to enhancing financial stability in our country.”
He added, “Digital developments are one of the important infrastructures in protecting the national economy from external shocks and ensuring savings in the financial system, including banks, financial institutions, and the financial and banking markets in general in Iraq.”
He continued: “It is no secret to everyone that the Iraqi government program emphasized the importance of e-governance and considered it an integral part of the economic reform policy in a manner of financial and administrative transparency,” indicating that “the great boom in electronic payment systems that Iraq is witnessing and the economic transformation is based on cash and its risks.”
He pointed out: “The vision policies launched by the government in implementing e-governance are backed by the speed of public collection, the protection of public money and the reduction of corruption, because it is one of the most important systems for the transition from cash to digital payments, and in an accelerated manner.”
He explained that “today, it is being held with the participation of international organizations, local interests, electronic payment companies, and the participation of the Association of Private Banks and His Excellency the President of the Arab Monetary Fund. We confirm without a doubt that development is important for integration into the global economy, which is essential for digital diversity and an important part, which encourages the flow of foreign investment to our country, development, innovation, e-commerce, and digital development in Iraq.”
He explained that “the great leap in the digital payments system in Iraq may be enhanced today by the physical and legal infrastructure provided by the Iraqi government, through the decisions taken by the Council of Ministers to facilitate the work of digital companies and improve the digital climate in Iraq.”