May 29, 2023
The Central Bank of Iraq discussed in the activities of the annual Iraqi banking conference organized by the Association of Private Banks, the project of electronic taxation and collection through POS devices.
The workshop, which was held in Baghdad, clarified the work mechanisms for launching and collecting money electronically, according to the Iraqi Council of Ministers Resolution No. (23044) for the year 2023, which will enter into force in early June of this year, while
the Central Bank of Iraq confirmed that the necessary infrastructure is available with the best international specifications.
As in the process of licensing companies and ensuring their technical and security capabilities.
Central Bank of Iraq
29 - May - 2023