Al-Sudani directs the localization of private sector salaries and sets next July as the date for the departure of cash payments
Al-Sudani directs the localization of private sector salaries and sets next July as the date for the departure of cash payments
2024-11-04 04:18
Shafaq News/ Prime Minister Mohammed Shia al-Sudani directed, on Monday, to localize the salaries of private sector workers, similar to state employees, while setting July of next year as the month for the departure of cash payments by government institutions.
Al-Sudani’s media office stated in a statement received by Shafaq News Agency, “In implementation of the financial and economic reform approach, which represents one of the government’s most important priorities, the Prime Minister directed a number of steps to be taken to enhance and develop electronic payment systems and services.”
He explained that the directive included working to localize the salaries of private sector employees, similar to the government sector, and assigning the Ministry of Labor and Social Affairs and the Central Bank of Iraq, with the participation of a number of private sector institutions, to prepare an appropriate mechanism for this purpose.
Al-Sudani also stressed that ministries and all government institutions should abandon cash payments and use electronic payments in collection and other related transactions, through an integrated plan submitted by each ministry or government institution before December 31, with actual implementation to begin no later than July 1, 2025.
shafaq.com
