KTFA
FRANK26: "KURDS RUNNING TO THE ATM'S FOR PAY.".......F26
Kurdistan Region launches January salaries via “My Account” (GOOD TRAINING FOR THE LOWER NOTES -F26)
2/6/2025
Today, Thursday, the "My Account" platform announced the start of disbursing January salaries to Kurdistan Region employees via the digital system.
The team responsible for the "My Account" platform confirmed in a statement seen by "Al-Eqtisad News" that the salaries for the month of January will be distributed digitally today, in all governorates of the Kurdistan Region, as the salaries will be transferred to the bank accounts of the beneficiaries starting at eight o'clock in the morning.
The statement explained that the number of beneficiaries of the disbursement process through "My Account" reached 275 thousand employees, including 216,500 civil servants and 56,700 Peshmerga forces, and they will be able to withdraw their salaries through more than 550 ATMs distributed in more than 200 different locations throughout the region.
The platform added that the number of those registered in the "My Account" project has so far reached 720,000 employees out of a total of about one million employees receiving their salaries from the Kurdistan Regional Government, and 370,000 bank cards have been distributed to those benefiting from the service.
In this context, the Ministry of Finance and Economy in the Kurdistan Region announced the disbursement of January salaries, which were deposited into the bank accounts of beneficiaries of the “My Account” project.
The statement added that technical staff are waiting for employees to help them withdraw their money.
This measure comes as part of the Kurdistan Regional Government’s plan to enhance digital transformation in salary disbursement operations, which contributes to reducing reliance on cash, increasing transparency, and facilitating withdrawal operations for beneficiaries, in light of a broader trend towards shifting to digital banking services.
The Kurdistan Regional Government launched the “Hisabi” project as part of its plan to develop the banking infrastructure in the region, with the aim of improving salary management and facilitating financial transactions for employees. The project aims to reduce congestion at traditional salary distribution centers and enhance the use of electronic banking services, as part of a broader trend towards digitizing government operations in the region.
