Article: “ATMs for MasterCard card users”
Quote: “The project will be completed within the next few years after the final approvals of the implementation conditions have been completed legally”
I’m not too concerned about that 3 year mention.
This art. is a very encouraging one.
It looks as though Iraq has already accomplished huge things in the banking industry.
We are right in the middle of Iraq going digital. E money.
And IMO those ATM’s will not slow things down one bit.
They apparently have already connected to international banks.
That is huge.
I think the majorities of salaries are being paid on smart cards and that will encourage the peeps to warm up to banks and bring in those 3 0’s notes.
Once they pull in the liquidity under the mattresses I think they will bring out the LD’s.
I don’t know when that will be of course, but they seem to be on a fast track currently.
At least in the banking industry.
And that is exactly what IMF has told them repeatedly to do.
Finally they are complying.