The Reinstatement Of The IQD.

[Luigi1]

Luigi found this video of Dinarian interests...

Article says reinstatement but they been talking that for 15 years.

Article also talks of implementing the digital Dinar.

Reinstatement to former glory means roughly $2.80 to 1 IQD+ for inflation.

This is a very long read...listening to video may be more convenient.

Treat as a rumor. Not varafied. Your opine.

 

 

Frank26: 

This video is in Frank’s opinion.

They are talking about a reinstatement and that is not 1

 

Don961:   The central achieved achievements in the payments system

Wednesday 05 February 2020

Baghdad / Al-Sabah

 The Central Bank of Iraq revealed achievements in payment systems in the Payments Department that included a group of hubs.

He added in a bulletin on the central bank's website and followed by "Al-Sabah" that the most important achievements in payment systems in the Payments Department in Iraq were represented by activating the IBAN, which means (International Bank Account Number) on the payment system (RTGS-ACH), which is defined as the international bank account number and based on international special specifications, it is a special pattern of bank customer account numbers that allows its users To verify the validity of the account number transferred to it, and the banks were instructed to approve the unified IBAN in internal transfers as of 1/2/2017.

 

International standards:

He referred to "starting work to assess the readiness of the Iraqi payments system in line with international standards (PFMIs) for the World Bank to improve payment and settlement systems in Iraq within the agreement with the World Bank, which deals with electronic payment systems in the country."

He indicated that the mechanism of paying the salaries of employees of institutions and state departments has been reformed by localizing their salaries with bank accounts and this bank is keen to meet all requirements to implement the process of localizing salaries in banks and converting the system of paying salaries to civil employees, including allocations and benefits, to a system electronic".

 

Successful localization:

He pointed out that it is in this sense that "the Central Bank of Iraq, in cooperation with the banks, sought to bring this project into existence and the success of the localization process for salaries, and work has begun to localize the salaries of the bank's employees, so that the circular will be circulated to the rest of the ministries and all state departments during 2017."

He continued, "Enhancing the role of payment systems in financial inclusion through digital services provided by banks and electronic payment services providers, as it represents an important dimension in the central strategy and automation of work through the use of electronic payment tools and encouraging the use of financial and banking services provided by banks and electronic payment services providers And it supports small, medium and micro enterprises and facilitates their access to finance. "

In addition to "activating electronic payment processes between ministries and government institutions", as well as "evaluating banks and providers of electronic payment services technically, through the evaluation of technical aspects, electronic services and basic banking systems through which it is inferred at the level of banking efficiency in providing electronic services To customers.

Edited February 6, 2020 by Markinsa
Removed Link | see forum rules

[Luigi1]

here's an update related to above article.

 

Good morning TNT.

You wanted to know how do we get to the budget so we can get to the RV, well here it is in writing. TNT

 

 

 

Parliamentary Finance: Allawi's government will reconsider the 2020 budget.