Government Adviser: Implementing e-governance has contributed to public funds protection and curbing corruption

Economy
  • 14-09-2024, 12:30
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    Baghdad – INA
     
    The financial adviser to the Prime Minister, Mudher Mohammed Saleh, affirmed on Saturday, that the implementation of e-governance has significantly contributed to safeguarding public funds and limiting corruption. He also noted that it is an integral part of Iraq’s economic reform policy.
     
    Speaking at the Electronic Payment Conference for Financial Stability in Iraq, Saleh, representing the Prime Minister, said: "On behalf of the Prime Minister, I convey to all of you his profound appreciation for the International Conference on Payments and Banking Technologies, as it reflects the major transformation Iraq is currently witnessing in the field of digital payments in this era of information technology, and its contributions to enhancing financial stability in our country."
     
    He added, "Digital advancements represent a crucial infrastructure for safeguarding the national economy against external fluctuations and ensuring stability within the financial system, including banks, financial institutions, and both the financial and banking markets in Iraq."

    Saleh further emphasized, "It is no secret that Iraq’s government program has stressed the importance of e-governance, considering it an essential component of the economic reform policy, particularly regarding financial and administrative transparency. The great leap in electronic payment systems that Iraq is witnessing and the economic transformation is based on cash and its risks."
     
    He noted, "The government’s policies for implementing e-governance were designed to expedite public revenue collection, protect public funds, and reduce corruption. This is one of the most important systems for accelerating the transition from cash to digital payments."
     
    Saleh also highlighted that the conference, attended by international organizations, local stakeholders, electronic payment companies, the Association of Private Banks, and the esteemed head of the Arab Monetary Fund, underscores Iraq’s commitment to integrating into the global economy. This integration is essential for digital diversity and a key driver of foreign investment, development, innovation, e-commerce, and Iraq’s digital transformation."
     
    He concluded by stating, "The significant leap in Iraq's digital payment system is further strengthened by the infrastructure provided by the Iraqi government through decisions made by the Council of Ministers to facilitate the work of digital companies and improve the digital climate in Iraq."