The Central Bank of Iraq held an expanded meeting in Baghdad with managing directors of licensed electronic payment companies operating across Iraq.
The meeting was chaired by Ali Mohsen Al-Alaq and focused on the development of Iraq’s digital financial services sector.
According to the Central Bank, discussions addressed the main technical, administrative, and regulatory challenges facing electronic payment service providers.
The meeting also reviewed future plans aimed at improving financial services and supporting Iraq’s broader digital transformation efforts.
Officials emphasized the importance of complying with the Central Bank’s regulations, guidelines, and supervisory instructions.
Participants also discussed upgrading infrastructure and technical systems in line with international standards and global best practices.
Other topics included initiatives designed to improve the safety, efficiency, and reliability of digital financial services in the country.
The meeting is part of the Central Bank’s ongoing efforts to strengthen regulation of Iraq’s financial technology sector, expand electronic payment systems, and support wider financial inclusion across the country.
