The Association of Private Banks calls on the government to focus on the digital economy

political| 02:22 – 09/24/2021


Baghdad – Mawazine News
, Deputy Executive Director of the Association of Iraqi Private Banks, Ahmed Al-Hashemi, Friday, called on the government to focus on the digital economy during the current period to make Iraq keep pace with the development taking place in the world.
Al-Hashemi said, in a statement received by Mawazine News, that “Iraq needs to give the private sector the appropriate environment to transition to digital transformation, as the revolution in information and communications is currently similar to what the world witnessed in the industrial revolution that occurred in 1760,” noting that ” The next legislature needs to focus on supporting the digital economy through appropriate legislation.”
Al-Hashemi pointed out that
Al-Hashemi praised the government’s tendency to establish a youth support fund of 30 billion dinars, which supports technical projects, which contributes to the development of the Iraqi economy and makes young people go towards pioneering projects, noting that “the private banking sector has begun to publish electronic payment tools in all the country.” And it requires store owners to use a Pos device to organize the buying and selling process and reduce theft, waste, and others.” Ended 29/p4

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