Al-Sudani directs an amendment to the electronic payment system No. 3 of 2014

Al-Sudani directs an amendment to the electronic payment system No. 3 of 2014

2023-08-09 06:20

Al-Sudani directs an amendment to the electronic payment system No. 3 of 2014Shafaq News/ The Prime Minister, Muhammad Shia’a Al-Sudani, directed, on Wednesday, to amend the electronic payment system, and to adopt the Office of Financial Supervision as an electronic receipt document as an alternative to the paper one, as part of the economic reforms.

Al-Sudani’s media office stated, in a statement received by Shafaq News agency, that the latter chaired a meeting to follow up the completion of the unified treasury account and electronic payment procedures at points of sale (POS).

The Prime Minister emphasized that these steps come within the government’s efforts to implement financial and banking reforms, and the unified treasury account will be an added contribution to anti-corruption measures and limiting the ability of corrupt people to exploit loopholes.

Al-Sudani directed an amendment to the electronic payment system No. 3 of 2014, as well as the adoption of the electronic receipt document by the Financial Supervision Bureau as a substitute for the paper receipt, as part of a series of procedures towards employing and approving electronic payment at POS points of sale in an expanded manner, in the public and private sectors.

shafaq.com