Shafaq News / A member of the Parliamentary Finance Committee on Saturday was that the bank’s decision to establish the National Company for Electronic Payment Systems in Iraq represents a step in the right direction for the development of the Iraqi financial system.
A member of the committee, Moeen Al-Kazimi, told Shafaf News that the government and the central bank are working today in the direction of developing the financial sector through citizen awareness campaigns relying on electronic payment instead of cash, as is the one in the countries of the world and the region.
He added that relying on electronic payment contributes to combating corruption and eliminating the phenomenon of administrative and financial corruption, especially in state departments and institutions, and that there is a government directive for service departments to rely on electronic payment in paying tax fees and services provided to citizens.
Al-Kazimi revealed a parliamentary request for the Ministry of Finance and the Central Bank to determine a schedule until the end of the current year, and dealing with electronic payment instead of cash, all government departments and institutions, especially in service departments and public traffic.
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