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The government requires official institutions to cooperate with banks regarding electronic sales
Economy| 12:42 - 01/23/2024
Mawazine News – Baghdad
The General Secretariat of the Council of Ministers announced, today, Tuesday, the obligation of official institutions to cooperate with banks regarding electronic points of sale. A statement from the secretariat stated,
“Based on the directive of the Prime Minister, Muhammad Shiaa Al-Sudani, regarding electronic points of sale (POS) and in order to achieve a streamlined implementation of the procedures for implementing this system and raise the level of preparedness on all sides, in a way that contributes to serving citizens.”
The General Secretariat of the Council of Ministers specified the conditions for issuing the electronic card, the commitment to implement what was stated in Paragraph (First/2) of Council of Ministers Resolution (23620 of 2023) and in cooperation with licensed banks, in accordance with the scope of their work and the organizational structure of their accounting and financial procedures through the use of payment tools.
Electronic payment from the procurement committees and implementation committees is a secretariat, and
an emphasis on cooperation and coordination from all government institutions, with electronic payment service providers and banks contracted with them for the following purposes:
placing billboards and screens displaying materials and short videos for citizens explaining the mechanisms of using electronic payment tools, their benefits and methods, and encouraging them to use them.
Educating them about this matter, until March 1, 2024 as a maximum, and
conducting awareness campaigns to spread financial and banking culture and electronic payment in the field, within the buildings of institutions and formations and their locations periodically.” He added,
"The conditions included providing the Central Bank of Iraq with the procedures taken regarding the adoption of electronic payment tools in financial transactions and services, in addition to the proposals and challenges facing the process, so that the aforementioned bank can study them and find the necessary solutions as far as the matter is concerned with the specialization of the Central Bank of Iraq." He pointed out that
“the Department of Cabinet Affairs and Committees in the General Secretariat of the Council of Ministers will take it upon itself to follow up on the implementation of the directives.”
https://www.mawazin.net/Details.aspx?jimare=240895
Economy| 12:42 - 01/23/2024
Mawazine News – Baghdad
The General Secretariat of the Council of Ministers announced, today, Tuesday, the obligation of official institutions to cooperate with banks regarding electronic points of sale. A statement from the secretariat stated,
“Based on the directive of the Prime Minister, Muhammad Shiaa Al-Sudani, regarding electronic points of sale (POS) and in order to achieve a streamlined implementation of the procedures for implementing this system and raise the level of preparedness on all sides, in a way that contributes to serving citizens.”
The General Secretariat of the Council of Ministers specified the conditions for issuing the electronic card, the commitment to implement what was stated in Paragraph (First/2) of Council of Ministers Resolution (23620 of 2023) and in cooperation with licensed banks, in accordance with the scope of their work and the organizational structure of their accounting and financial procedures through the use of payment tools.
Electronic payment from the procurement committees and implementation committees is a secretariat, and
an emphasis on cooperation and coordination from all government institutions, with electronic payment service providers and banks contracted with them for the following purposes:
placing billboards and screens displaying materials and short videos for citizens explaining the mechanisms of using electronic payment tools, their benefits and methods, and encouraging them to use them.
Educating them about this matter, until March 1, 2024 as a maximum, and
conducting awareness campaigns to spread financial and banking culture and electronic payment in the field, within the buildings of institutions and formations and their locations periodically.” He added,
"The conditions included providing the Central Bank of Iraq with the procedures taken regarding the adoption of electronic payment tools in financial transactions and services, in addition to the proposals and challenges facing the process, so that the aforementioned bank can study them and find the necessary solutions as far as the matter is concerned with the specialization of the Central Bank of Iraq." He pointed out that
“the Department of Cabinet Affairs and Committees in the General Secretariat of the Council of Ministers will take it upon itself to follow up on the implementation of the directives.”
https://www.mawazin.net/Details.aspx?jimare=240895
