Financial digitization.. a factor to reduce inflation and absorb hoarded funds
Financial digitization.. a factor to reduce inflation and absorb hoarded funds
\n\n\nEconomic affairs specialists have identified the most prominent advantages that digital transformation can achieve in banking, placing at the forefront of these advantages the elimination of inflation through the use of small denominations, and the absorption of citizens\u2019 hoarded cash mass, estimated at more than 95 trillion dinars, while they praised the Central Bank\u2019s measures. In providing the appropriate ground for achieving financial digital transformation, they stressed the necessity of doubling the distribution of points of sale and working to oblige all government and private institutions to operate with electronic cards.