Al-Sudani chairs a meeting regarding the unified treasury account and the electronic payment system
Al-Sudani chairs a meeting regarding the unified treasury account and the electronic payment system
2023-10-22 06:06
Shafaq News/ Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani chaired a meeting devoted to discussing the completion of the unified treasury account, and following up on the electronic payment system and electronic card payment points/POS, in the presence of the Minister of Finance, the Governor of the Central Bank, the Head of the Federal Financial Supervision Bureau, and a number of advisors. And the general managers of a number of government banks, according to a statement from Al-Sudani’s office received by Shafaq News Agency.
The statement added: “The meeting witnessed a presentation and follow-up of the implementation of the unified treasury account, the level of progress in implementing and disseminating the electronic card payment system, and a discussion of the challenges facing public and private sector institutions and electronic payment companies.”
The facilities and incentives that can be provided to citizens and employing entities were also reviewed, with the aim of encouragement, along with the overall measures taken, progress rates, and necessary requirements for completion, as His Excellency stressed the necessity of giving priority to the goal of encouraging the government sector, and identifying negligent or lagging entities.
He pointed out that “during the meeting, the report containing a set of recommendations was approved, and it was decided to present it to the Council of Ministers.”
Al-Sudani directed to activate the work and tasks of the Payments Council at the Central Bank, and the importance of submitting a final report on the achievements to be presented to the Council of Ministers meeting.
In terms of completing the unified treasury account, the Prime Minister directed all ministries to implement the fourth paragraph of Cabinet Resolution (3581 of 2023), and the necessity of accelerating the formation of committees and analyzing the non-active bank accounts for each of them, within one month, according to the statement.
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