10 ministries progressing to settle the salaries of its employees

10 ministries progressing to settle the salaries of its employees



He confirmed the financial advisor to the Prime Minister, that the settlement of salaries of state employees project is going according to the plan drawn to him , and in coordination with the Central Bank, stressing that the aim of the project localization salaries raise the efficiency of government payments system.

Revealed the Iraqi Central Bank, on the request of 10 ministries to settle the salaries of its employees, stressing that it has been selected specific banks to participate in this project.

While private banks announced Association, that the participation of private banks in the resettlement project of state employees ' salaries would be a challenge for her.

Financial Advisor to the Prime Minister, said the appearance of Mohammed Saleh , "Journal News" that "the Cabinet plan adopted six months ago to pay the salaries of state employees through electronic means and gradually over the coming years , " noting that " the goal of the project localization of salaries is to raise the efficiency of government payments system and make it work within the digital age and control public spending and corporate governance and financial management processes. "

"The localization of salaries project runs regularly has the Central Bank of Iraq was commissioned to take over the issuance of regulatory and supervisory regulations relating to the system salaries process tools of electronic payment process , " adding that "every start facing some obstacles , but things are going well and according to plan and in coordination with the World Bank experts ".
He said the Executive Director of the Association of Private Banks, Tariq Ali, said that the participation of private banks project resettlement salaries of state employees will be a challenge for her.

Tariq said, that " the resettlement project of state employees ' salaries recommended by the Council of Ministers, initiated by the central bank, walking accurate pace in cooperation with the Association of private banks, as well as banks."
He said the "localization of salaries is the boundary between the banks and the employee, where banks will provide clear services that will help the employee to take over his salary," pointing out that "there are banks expressed their willingness to enter into a project localization of salaries."
Tariq said that " the central bank 's instructions are from the bank determines the participation in the resettlement of the banks so the interests of commitment to the determinants of the Iraqi Central Bank."

The Director of the Department of payments at the Central Bank of Iraq sacrificed Abdul Karim, said that " the Council of Ministers called for settling employees ' salaries on the recommendation of the Central Bank", stating that " the settlement of salary project is intended to distribute the salaries of state employees through electronic card."
She added that " the settlement of salaries of state employees has positive effects of the project as it will reduce the financial losses of the ministries as well as to maintain the salaries of employees of the theft and loss , let alone speed up the distribution of salaries and lack of delay and organization."
Abdul Karim stressed that " the central bank chose a number of government and private banks for project resettlement", indicating that " the selection process was in accordance with the criteria established by the Central Bank of banks", pointing out that " the bank did not distinguish between a government or Ahli Bank project resettlement and leave it to the ministries in the selection of any bank find it appropriate from the banks identified and access privileges on each bank. "

Issued Rafidain Bank, clarification on the localization of salaries unique financial services waiting staff in Iraq, and how to benefit from it financially, indicating that the localization of salaries, transfer salaries of employees in the private or public sector of hand salaries are received from their constituents to be received from the banks process government or civil and banks through a special account opened for an employee of the bank and the withdrawal of it by the electronic payment card or receives cash from the bank.
With regard to the benefit of using the settlement system, he explained that this system began to spread in many countries of the world with the expansion of business and services banks and banks with the increasing volume of electronic transactions and the result of the pursuit of these banks and the banks to shorten the time, effort and cost in their dealings and transactions of various financial citizens and leave dealing with cash and risks.

He said Iraq, the localization payroll system has several advantages dating back many financial and service benefits to employees vary these benefits between the bank and another, reviewing some of that resettlement will reduce the risk of transfer of employee money in cash, and give each employee settle his salary a special card salary through which they can to withdraw his salary of different POS (ATM / POS / Internet / ...) locally and globally, and the employee complete freedom in the deposit and withdrawal of financial and conversion and at his discretion and at any time, and may not be an employee of any fees to open an account, and exempted the employee 's salary from the monthly commissions regular employee , such as (commission low balance / Hasa management ), And meets the employee nominal amount for some financial services as a service conversion card salary (this will be subject to an agreement with the point of salary), has been made available to the employee to use the card salary to withdraw cash or purchases, may enjoy employee banking services electronic free and without benefits, and localization of the salary will Employee package of banking products and services and facilities on loans, and helps the employee to automatic savings and withdraw it needs only.


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