By John Lee.
Iraqi Prime Minister Mohammed Shia Al-Sudani has directed new measures to develop electronic payment systems.
The initiative includes expanding salary payments to private sector employees through digital channels, similar to government payroll, with the Ministry of Labor and the Central Bank of Iraq (CBI) collaborating on the framework.
Additionally, all ministries and government agencies are required to phase out cash payments, implementing electronic systems for collections and transactions. Each institution must submit a detailed plan by 31st December, 2024, with full implementation slated for 1st July, 2025.
(Source: PMO)
Surprised the Dinar RV people aren't jumping on this one
I wonder if they are selling the cheep paper dinars because they are soon going to become a cashless society by July 2025? What a rip off for the stupid people !