Government requires official institutions to cooperate with banks on electronic selling, 24 JAN

 Government requires official institutions to cooperate with banks on electronic selling

Mawazine News – Baghdad
The General Secretariat of the Council of Ministers announced today, Tuesday, that official institutions must cooperate with banks on electronic points of sale.
A statement by the secretariat said that “based on the directive of the Prime Minister, Mohammed Shia’ Al-Sudani, on electronic points of sale (POS) and in order to achieve a smooth implementation of the procedures for the application of this system and raise the level of readiness from all parties, in a way that contributes to the service of 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 (I/2) of the Council of Ministers Decision (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 electronic payment tools from the procurement committees and implementation committees, and to emphasize the cooperation and coordination of all government institutions, with the companies of electronic payment service providers and banks contracted with them for the following purposes: placing billboards and displays of materials and short vidues for citizens explaining the mechanisms of using electronic payment tools, their benefits and methods, encouraging them to use them and raising their awareness in this regard, until 1/3/2024 maximum, and conducting awareness campaigns to spread culture Finance, banking and electronic payment in the field, within the buildings of institutions and formations and their locations periodically.”

He added that “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 it is related to the specialization of the Central Bank of Iraq.”
He pointed out that “the Department of Cabinet Affairs and the committees in the General Secretariat of the Council of Ministers will take it upon itself to follow up the implementation of the directives.”

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