Economist: The free mass is estimated at 70 trillion dinars and can be invested electronically

0
70
Economist: The free mass is estimated at 70 trillion dinars and can be invested electronically

Monetary master Dr. Safwan Qusay affirmed today, Sunday, the presence of around 70 trillion dinars of free cash supply, calling attention to the chance of money management it through the progress to the electronic framework in monetary exchanges.

Qusay told , “Zeroing in on putting resources into monetary consideration is joined by many advantages, the most conspicuous of which is pulling out the free income outside the financial framework, which is assessed at around 70 trillion dinars, or a normal of 2 million dinars for each Iraqi resident.”

He added, “This sum could prompt an expansion in liquidity in banks and increment their capacity to give through little and medium pay producing projects or by expanding the limit with regards to long haul vital venture funding.”

He called attention to that “Iraqi banks have the capabilities to change to the electronic framework, taking note of that “the change of the monetary area to the electronic framework with charge cards will prepare for drawing in worldwide speculations and expanding trust in the Iraqi economy.”