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What is the impact of the use of electronic payment on the Iraqi economy?
Sweeteners
Economy News - Baghdad
Today, Sunday, the economic expert, Abdul Rahman Al-Mashhadani, explained the impact of electronic payment on the Iraqi economy, while
confirming the existence of accelerated government steps in this regard. He referred to the anti-corruption file.
Al-Mashhadani said, in a televised interview followed by Al-Iqtisad News, that
“there are accelerated government steps regarding electronic payment and digital transformation, especially when state institutions were forced to pay dues through electronic payment methods,”
indicating “the necessity of disseminating this culture among the public.”. He added,
"The government steps during the previous six months were good, and may accelerate in the coming days," noting that
"this issue has two sides, one of which depends on the government and the other on individuals." The economic expert explained,
"This process will help individuals simplify payment methods, and the
gain could be through the discount points that he can achieve."
As for the government, Al-Mashhadani stated that
“the electronic payment process will contribute to the government in withdrawing the cash mass available to the public, at a time when
there are more than 90 trillion dinars outside the banking system,” stressing that
“if half of these amounts were deposited in banks, there would be no problem with financing.” Budget deficit, or borrowing from abroad. He stressed that
"anti-corruption operations through digital transformation are considered a secondary priority in electronic application, because the corruption process exists," pointing out that
"an employee who accepts bribes through manual payment will naturally accept bribes through electronic payment."
Views 44 Added 02/25/2024 - 10:57 AM
https://economy-news.net/content.php?id=40830
Sweeteners
Economy News - Baghdad
Today, Sunday, the economic expert, Abdul Rahman Al-Mashhadani, explained the impact of electronic payment on the Iraqi economy, while
confirming the existence of accelerated government steps in this regard. He referred to the anti-corruption file.
Al-Mashhadani said, in a televised interview followed by Al-Iqtisad News, that
“there are accelerated government steps regarding electronic payment and digital transformation, especially when state institutions were forced to pay dues through electronic payment methods,”
indicating “the necessity of disseminating this culture among the public.”. He added,
"The government steps during the previous six months were good, and may accelerate in the coming days," noting that
"this issue has two sides, one of which depends on the government and the other on individuals." The economic expert explained,
"This process will help individuals simplify payment methods, and the
gain could be through the discount points that he can achieve."
As for the government, Al-Mashhadani stated that
“the electronic payment process will contribute to the government in withdrawing the cash mass available to the public, at a time when
there are more than 90 trillion dinars outside the banking system,” stressing that
“if half of these amounts were deposited in banks, there would be no problem with financing.” Budget deficit, or borrowing from abroad. He stressed that
"anti-corruption operations through digital transformation are considered a secondary priority in electronic application, because the corruption process exists," pointing out that
"an employee who accepts bribes through manual payment will naturally accept bribes through electronic payment."
Views 44 Added 02/25/2024 - 10:57 AM
https://economy-news.net/content.php?id=40830
