Iraqi private banks lose 16 million dollars a day because of the interruption of the Internet

Iraqi private banks lose 16 million dollars a day because of the interruption of the Internet

2019/11/08 09:47

Iraqi private banks lose 16 million dollars a day because of the interruption of the InternetBaghdad today

A source in the Central Bank of Iraq, Friday (November 08, 2019), that the private sector was affected by the interruption of the Internet imposed by the government to try to curb the unrest.

The source said in a press statement that “private banks in Iraq recorded losses of about 16 million dollars a day since the first interruption of the Internet in early October (October) last.”

“The combined losses of private banks, mobile phone companies, money transfer services, tourism and airline booking offices exceed an average of $ 40 million a day, which is equivalent to about $ 1.5 billion in just over a month.”

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