ARTICLE AD BOX
MNT GOAT
"AFTER 19 DAYS, A FINANCIAL SHIFT DIRECTLY AFFECTS IRAQIS' POCKETS."
Early July 2025 "Nineteen days separate Iraq from implementing a ban on cash payments in government institutions and adopting all government payments electronically.
This is a "strategic" step to improve governance, reduce corruption, promote economic growth, and promote a cultural shift toward transparency and modernity, according to the Prime Minister's advisor for financial affairs, Salih."
"To this end, it has launched awareness campaigns to encourage the adoption of electronic payment systems and move away from the traditional cash-based culture. Electronic payment card ownership
has reached 45% of adults (approximately 20 million cards), with bank accounts growing." Will the CBI be able to collect these stashes of cash outside the banking system? What about our
dinar also outside the Iraqi banking system? When will the come for ours?
Their words not mine.....