The regional government to its employees: Whoever does not have a biometric code will have his salary stopped by the federal finances
10/27/2024
The Ministry of Finance and Economy in the Kurdistan Regional Government called on Sunday, employees and workers in the public sector to rush to register in the biometric system before the twentieth of next November, warning them that the Federal Ministry of Finance will stop the salary of anyone who does not have a biometric code.
The ministry said in a statement today that based on the agreements and understandings concluded between the Ministry of Finance and Economy in the Kurdistan Region and the Ministry of Finance in the federal government regarding the issue of resolving technical problems related to the payroll of Kurdistan Regional Government employees, the following must be done:
First: All employees, retirees, people with special needs, and heirs of martyrs who have not registered themselves in the biometric system must register before the date (11/20/2024).
Second: The decision to register in the biometric system includes all employees and salary recipients who are abroad for various reasons, or on unpaid leave, study, etc.
Third: Every employee or person receiving a salary in the Kurdistan Regional Government who does not have a biometric code until the date (11/20/2024) will have his salary stopped by the Ministry of Finance in the federal government, and he will bear responsibility for that.
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Head faceCouncil of MinistersMohammed Shia Al-Sudani, on Monday, while chairing a meeting to review financial and banking reforms by continuing to simplify procedures and pursue speculators.
The information office said to the presidentCouncil of MinistersIn a statement received forSumeriaNews, he headed the presidentCouncil of MinistersMohammed Shia Al-Sudani, a meeting dedicated to reviewing the comprehensive reform plan for the financial and banking sector in Iraq, in the presence of the Minister of Finance, and the Governor of the Central BankIraqiA number of advisors and managers of government banks.
The president stressedCouncil of MinistersAccording to the statement, “the need to intensify inspection procedures in financial transfers, and not to be tolerated and tolerate in pursuing speculators who take advantage of the crises that the region is going through, in order to achieve profits and personal benefits at the expense of the public interest of the country, directing the Ministry of Finance, the Central Bank and bank managers, to simplify procedures in front of business owners, with regard to financial transfers.”
As the president’s faceCouncil of Ministers“By forming a working group, it works to prepare packages to deal with the economic and financial situation at the moment, and to rework the investment tools in the Central BankIraqiAnd link it to the size of each bank’s deposits.”
During the meeting, “financial reforms and monetary policies followed in light of the decisions taken by the Council of Ministers were discussed, as it directed its sovereignty to fully activate all decisions and review the obstacles that prevented the implementation of some of them.”
The meeting also witnessed “discussing the progress of the work of the plans prepared within the framework of developing the work of banks, the reform procedures carried out by bank departments with Ernst & Young, and the level of progress they have made in this regard, to ensure the provision of the best services to its customers.”
The meeting discussed “the facilities provided by banks in the field of attracting deposits, which enhances the role of the banking sector in financing projects and promoting economic development, and directed his sovereignty to reconsider the benefits that banks provide to depositors.”
This The meeting also discussed “the measures taken in the field of encouraging citizens to continue using electronic payment systems, which are witnessing a significant increase in the number of users. In this regard, Al-Sudani directed to study and launch the government incentive program for the use of electronic payment tools, including cash back.”
FIREFLY:Television is saying the dinar has grown in strength locally and that the decline of the dollar market is looking good, saying this is great that the black market is failing, the monetary reform is succeeding and soon to bring forth what was promised.
FRANK: Woo! Yes it is great becausethis is what is needed in order to bring out the new exchange rate. As the dollar drops your currency grows.
Prime Minister Mohammed Shia al-Sudani explained on Tuesday the most prominent achievements of his government two years after its formation.
Al-Sudani said in an interview followed by “Al-Eqtisad News”: “The government’s achievements touched the reality of the people and suited the nature of the stage and the requirements of development,” noting that “the government apparatus worked to correct the state’s paths throughout the past two years.”
He added, “During two years, we stopped more than once to evaluate the work and issued 3 reports related to the outcome of the follow-ups,” adding that “the government has achieved a transition in most of the files and our achievements are not in one sector or one city or one governorate, but rather at the level of all of Iraq.”
He added, “What the government has achieved is greater and more than what will be presented,” indicating that “the engineering effort was tasked with completing rapid services in neighborhoods that were not repaired by infrastructure projects.”
He said: “We have dealt with stalled projects since 2005 and work has resumed on many of them, 1471 stalled projects and more than 555 have been resumed,” adding that “442 contracts have been resumed with regard to projects.”
He explained that “more than 8,000 projects have been resumed at the governorate and ministries level,” noting that “the government has completed projects that have been stalled since 2005.”
He added: “We have not decided on the Basra water desalination project yet,” noting that “the service at the airports is still below the required level.”
He added: “We were late in preparing residential plots of land and distributing them to those who deserve them, as we allocated 500,000 plots,” continuing: “We achieved the highest electricity production and reached 27,000 megawatts.”
The Prime Minister pointed out that “the government is planning projects to resolve energy bottlenecks,” indicating that “there are 15 solar energy projects that the government has worked on over the past period.”
He pointed out that “the government has shortened a lot of the red tape related to the housing sector and we will work to expedite the settlement of residential cities,” stressing: “We have made significant progress in various school building projects and we will complete the Iraqi-Chinese agreement project.”
He added: “We have taken important decisions regarding sending students abroad and the Study in Iraq project in the education sector,” noting that “his government has taken a series of steps to combat poverty that have led to the inclusion of more than 7 million individuals in social protection.”
He explained that “the government provided facilities for people with disabilities, those covered by social protection, and full-time employees,” noting that “the government’s measures contributed to reducing poverty by 17.6%.”
Regarding the files of job opportunities and contracts, Al-Sudani pointed out that “the government provided job opportunities and reviewed the Riyada initiative to provide work for those who deserve it, which reduced the unemployment rate to 14.4 percent.”
He continued, “The government has taken effective steps to reform the country’s economic structure,” adding, “We have raised tax revenues to 23% and entered the field of electronic payment.”
He stressed that “the total amounts collected from electronic payments exceed 7 trillion,” noting that “the government has allocated a budget item for the Iraq Development Fund and its role in supporting the private sector.”
Al-Sudani pointed out that “his government succeeded in the industrial sector file and we were able to meet the local need by 35%,” adding that “we face a number of challenges in the new outlets and the revenues have not reached the required level.”
He also said, “We have achieved self-sufficiency in the strategic crop,” adding, “We announced the development road project and signed a memorandum of understanding with Qatar, the Emirates and Turkey, and we are working with specialists to complete the design.”
He pointed out that “130 million food baskets have been distributed monthly since the formation of the government, and over a period of two years.”
He said: “We have completed the joint dialogue with America to end the mission of the international coalition in Iraq, and we have also ended the Iraqi political guardianship over Iraq, represented by ending the work of the United Nations mission.”
Regarding the economic aspect, the Prime Minister explained that “Iraq faces many financial, legislative, monetary, institutional, regional, international and technical challenges,” concluding by saying that “the region is going through dangerous developments that directly affect Iraq.”
