Enhancing the Digital Payments Infrastructure Supports Financial Stability Plans

Accelerated and deliberate government steps towards generalizing electronic payment systems (POS) across all provinces of the country have yielded tangible positive results in revitalizing the local market. These measures are considered a fundamental pillar in the Central Bank of Iraq's policy aimed at modernizing the banking sector's infrastructure and applying international transparency standards to protect the national economy from illegal practices, in addition to their role in improving Iraq's ranking in global financial integrity indicators.