Iraq is close to completing its financial transfers electronically

1 month ago
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Iraq is close to completing its financial transfers electronically.. and the US Treasury reveals its economic growth rate
link to My FX Buddies Blog https://www.myfxbuddies.com/2024/09/iraq-is-close-to-completing-its.html

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The Prime Minister confirmed, according to the statement, that the government has made great strides in the financial and banking reform file, and 95% of bank transfers have been completed through the electronic platform, and less than 5% will be completed by the end of this year, after which the transition to the correspondent banking system will take place, in accordance with the government's approach and commitment to raising the capabilities of Iraqi banks, in line with international standards and meeting the needs of the thriving investment environment in Iraq.
For his part, Adeyemo praised the progress witnessed by Iraq in the field of economic and banking reforms that were achieved in record time, and the state of economic growth that reached a total of about 6%, which enhances the government's efforts in development, expressing readiness to cooperate and work within a bilateral partnership that serves the interests of economic development.

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