6ly410 Posted May 19, 2023 Report Share Posted May 19, 2023 Economist: We are about to embark on a qualitative leap in financial transactions Today 12:25 Economist: We are about to embark on a qualitative leap in financial transactions | Information (almaalomah-me.translate.goog) Information / Baghdad.Economic affairs researcher Hisham al-Baidani said on Friday that Iraq is about to embark on a qualitative leap in the quality of financial transactions, especially with the entry into force of electronic applications in many institutions in order to get rid of the inflation that the country suffers. Al-Baidhani told Al-Maalouma that "Iraq, despite its late entry into the techniques of financial sciences and their applications, but the coming months will witness a wide boom in the applications of electronic financial transactions after decades of traditional monetary circulation."He added that "what happens from electronic transactions is only in implementation of the instructions of the Central Bank of Iraq to publish POS points, which would reduce the monetary mass in the country, which in turn is one of the reasons for rampant inflation." He pointed out that "this step, which will begin in early June, will encourage Iraqis to save the value of their money electronically and start opening bank accounts that may increase the number of currently active accounts, which are estimated at seven million bank accounts." " Finished 25n 2 6 2 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted May 19, 2023 Report Share Posted May 19, 2023 Could see major changes soon if free float maybe 3$+ by December? 3 1 Quote Link to comment Share on other sites More sharing options...
T B Posted May 20, 2023 Report Share Posted May 20, 2023 could it be lord? whats that? in due season you will reap if you faint not! yes LORD! BE BLESSED PEOPLE! OH YES! 1 1 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 20, 2023 Report Share Posted May 20, 2023 10 hours ago, 6ly410 said: He pointed out that "this step, which will begin in early June, will encourage Iraqis to save the value of their money electronically and start opening bank accounts that may increase the number of currently active accounts, which are estimated at seven million bank accounts." " Finished 25n hmmm...JUNE! what wil cause the rush to the banks? what will cause them to use electronic transactions....LOGIC people! 1 6 1 Quote Link to comment Share on other sites More sharing options...
T B Posted May 20, 2023 Report Share Posted May 20, 2023 as creedance clear revival song says! i can hear the bullfrogs calling me! yea ya young ones dont know whats up! miss them days! 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 20, 2023 Report Share Posted May 20, 2023 (edited) with 70% of cash being hoarded! what will encourage them to take the money to the bank? what will encourage them to save? if the new salary scale is based on a new rate and is part of the budget the budget will pass! if it doesnt it means the FML willl take effect but whats important is the June deadline, this is the month of have mentioned and other members numerous times for a whole bunch of reasons! Edited May 20, 2023 by screwball 1 1 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted May 20, 2023 Report Share Posted May 20, 2023 Even the goat mentioned June and my crystal has said by end of June 2 1 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 20, 2023 Report Share Posted May 20, 2023 2 hours ago, BETTYBOOP said: Even the goat mentioned June and my crystal has said by end of June 100% 1 Quote Link to comment Share on other sites More sharing options...
davis411 Posted May 20, 2023 Report Share Posted May 20, 2023 2 hours ago, BETTYBOOP said: Even the goat mentioned June and my crystal has said by end of June I would buy that for a dollar 1 Quote Link to comment Share on other sites More sharing options...
haymon Posted May 20, 2023 Report Share Posted May 20, 2023 Sounds like a Fringe episode. 1 Quote Link to comment Share on other sites More sharing options...
haymon Posted May 20, 2023 Report Share Posted May 20, 2023 Sorry, it just sounded funny this morning before coffee. Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted May 20, 2023 Report Share Posted May 20, 2023 1 hour ago, haymon said: Sounds like a Fringe episode. I love a good Walter Bishop quote! 😄 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted May 20, 2023 Report Share Posted May 20, 2023 4 hours ago, davis411 said: I would buy that for a dollar A dollar would be too cheap. Make it a penny. Quote Link to comment Share on other sites More sharing options...
tjokie Posted May 20, 2023 Report Share Posted May 20, 2023 5 hours ago, davis411 said: I would buy that for a dollar Actually, I'd SELL that for a $ !!!!!!!! Quote Link to comment Share on other sites More sharing options...
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