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Electronic currency

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1 Electronic currency on Wed Aug 03, 2016 3:54 am

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Electronic currency

Writer: Yasser Metwally
03/8/2016 12:00 am


Enjoyed the seminar «introduction of electronic currency trading and cash» of the economic importance and direct connotations with interest of elite business and finance and Economics experts and interacted with this event organized by the Institute of advancement of development policies as usual in choosing sensitive topics and seek economic reform requirements

Efforts by the Iraqi Central Bank by preparing to announce a date for the implementation of this programme by evolving global trading market where the Central Bank Governor said when launching the program by 2017.

For its part, the Central Bank is fully prepared, including expected challenges facing this ambitious programme?

It may be useful to note that successful implementation depends on arms in alauhi implementation banks and finance companies, how much she's willing to make its ambitious Central subsidy?

Then this exact system which envisaged the Central Bank in dealing with the risk of relying on global companies working with advanced international standards, how much time you need the beneficiaries of government departments and institutions to respond to and interact with this software to implement it fully.

This system also has a property at least as important as its predecessors and related leave deal almasy or instruments and carry cash and risk of theft and damage to the large banhas citizen also allows use of its dealings in comfort and without its disturbing and grim reviews hustle and routine things time.

These advantages but certainly deserves attention so I said in the introduction to the Symposium had vertical interest elites and professionals, what is needed to ensure the success of this program?

Starting to be deepening the culture of electronic currency and a Central Bank, ministries and civil society organizations with Economic Affairs and especially the Association of banks.

The larger task assumed by economic information organs through the deepening of this culture both pens or alvdaier programs and all the media believes in the importance of saving the economy and not to adopt statements that try to put a spoke in the wheel, except that no possibility of implementation thanks to benevolent efforts.

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