Iraq’s economic region is displaying full-size development, with the united states rating 1/3 inside the Arab international for the wide variety of issued bank playing cards, a key indicator of growing public and worldwide confidence, top Minister’s financial advisor Mazhar Mohammed Salih introduced Saturday (might also 31, 2025). This comes as Iraq prepares to absolutely put in force electronic collection (e-series) structures through mid-2025.
Salih stated that the full adoption of e-series will enhance transparency and professionalism, boosting the self belief of world monetary establishments in Iraq’s financial system. He emphasised this digital shift helps non-cash transactions, economic inclusion via bringing extra residents into the formal banking system, and prepares Iraq for fintech investments.
Echoing this high quality outlook, UN representative Mohammed Al-Hassan noted on Friday that Iraq is poised to emerge as a “domestic and worldwide banking electricity,” with the UN helping steps to repair trust in its economic zone.
these improvements, a part of Iraq’s national strategy for digital transformation and sustainable improvement, aim to create a robust digital marketplace, reduce poverty, and facilitate broader financial reforms.
