Kurdistan PM, Iraq’s Central Bank Governor Discuss Digital Finance Reforms and Cash Reduction Plan

[RJG]

Kurdistan PM, Iraq’s Central Bank Governor Discuss Digital Finance Reforms and Cash Reduction Plan

Prime Minister Barzani reaffirmed his government’s commitment to expanding digital payments to boost transparency, efficiency, and economic growth.

14 hours ago

Kurdistan Region PM Masrour Barzani, in meeting with the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, April 16, 2025. (Photo: KRG)

 

By Dler Mohammed

ERBIL (Kurdistan24) — Kurdistan Region Prime Minister Masrour Barzani received the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, on Wednesday for senior-level talks centered on accelerating financial sector reforms and boosting digital transformation initiatives in the Kurdistan Region.

The two leaders reviewed the progress of Iraq’s national digital finance campaign, including the “My Account” (in Kurdish: Hezhmari Min) project and the ongoing digitalization of government services. Both sides emphasized the importance of reducing the use of physical cash in the market and advancing secure digital payment systems.

Prime Minister Barzani reaffirmed his government’s strong commitment to continuing and expanding the digital payment transformation strategy across the Kurdistan Region, underlining its role in ensuring transparency, efficiency, and long-term economic development.

He also expressed his gratitude to the Central Bank Governor for the institution’s continued support of the Kurdistan Regional Government’s (KRG) financial reform agenda, especially efforts aimed at modernizing public finance management and promoting banking sector integrity.

Barzani praised Governor Al-Alaq’s broader initiatives to reform Iraq’s banking system, describing them as vital for restoring public trust and attracting both domestic and foreign investment.

In conclusion, the Prime Minister reiterated the KRG’s readiness to coordinate with institutions operating within the legal and regulatory framework of the Central Bank of Iraq, ensuring that reforms are implemented in a unified and effective manner.

Kurdistan Region PM Masrour Barzani, in meeting with the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, April 16, 2025. (Photo: KRG)

https://www.kurdistan24.net/en/story/835359/kurdistan-pm-iraqs-central-bank-governor-discuss-digital-finance-reforms-and-cash-reduction-plan

[screwball]

this is good.....but when....april or june/july?

[cjdavid]

A guy needs to ask..how many photo ops, how many “important” meetings, how many un consequential discussions do these camel jockies need to just friggin re value their butt wiping money?

[horsesoldier]

11 hours ago, cjdavid said:

A guy needs to ask..how many photo ops, how many “important” meetings, how many un consequential discussions do these camel jockies need to just friggin re value their butt wiping money?

No telling, they've been at it for 20 years and look to be on track for 20 more.

They're interested only in maintaining the status quo and a mighty fine job they've been doing thus far.

My fascination remains how many more years they can keep this up and steer clear of pushing the RV button.

Trump was right: most clever bunch of criminals he's ever met.