The National Payments Council reviews countries’ experiences in electronic payment systems
The National Payments Council reviews countries’ experiences in electronic payment systems
12-2-2023
Information / Baghdad.
Today, Saturday, the Governor of the Central Bank, Ali Mohsen Al-Alaq, chaired the first meeting of the Iraqi National Payments Council, while the experiences of other countries in this field were reviewed.
A statement from the Central Bank received by the “Al-Ma’louma” Agency stated, “The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, chaired the first meeting of the Iraqi National Payments Council after its restructuring, and it took place during the meeting, which was attended by officials from the Central Bank and representatives of the relevant ministries, the government and private banking sectors, and payment service providers.” Electronic and other actors, reviewing the objectives of the Council and the main tasks that it intends to implement to achieve national strategies to develop the infrastructure of the financial and banking sector, advance the components of the electronic payment environment, and strengthen the pillars of financial inclusion in Iraq.
He pointed out that “the Council discussed the experiences of other countries in the field of payment systems and the mechanisms necessary to implement Iraqi Council of Ministers decisions No. 23044 and 23620 for the year 2023, as well as proposals that would contribute to the implementation of these decisions with the aim of expanding the scope of work of Iraqi electronic payment systems and linking them with various institutions.” ministries and agencies and encourage the public to use it and benefit from the advantages it provides.”
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