Payment and Collection Alaketronyan to reduce operational costs and the elimination of corruption

Payment and Collection Alaketronyan to reduce operational costs and the elimination of corruption

2/2/2016 

BAGHDAD - Omar Abdel-Latif

application of packages of reforms launched by Prime Minister Haider al-Abadi, which include the simplification of government procedures, government officials, advisors and experts, economists stressed the necessity of activating the payment and receipt of custom electronic system in the beginning to achieve a system of elimination of corruption and reduce the operational costs of financial and cash .

the governor of the central bank on the Keywords, in a joint press conference was followed by a workshop carried the logo (electronic payment methods starting point toward the ideal of inclusiveness): the «there is an important goal of the simplification of various transactions between the state institutions on the one hand and between the citizen and those institutions on the other hand as the transactions are mostly through the use of paper money or by editing the instruments of state institutions »,indicating that« the central bank put now necessary infrastructure through the payment of national and paged through which we can apply the electronic payment systems systems, either for collection or compromises between the different parties and between the state institutions. » the possibility of launching« electronic dinar » Keywords believes that« what he had done the bank will provide ample space to insert collection and electronic payment and use of electronic cards and will enable him to launch systems (e-dinar) and payment via mobile phone, including reducing costs large operational and reduce cash circulation, which is surrounded by dangers and problems, as well as fend off the economic, regulatory and administrative damage related »adding that« this system allows us to organize a lot of aspects away from the bureaucracy and the risk of corruption and presented the money to the looting or attacks on their owners through the use of modern systems and technologies and expand the circle of financial inclusion for citizens ». Keywords explained that «Less than 10 percent of the citizens of Iraq have a relationship of financial and banking institutions», adding that «this system will expand financial inclusion circuit which achieves attractive to a larger amount of currency in circulation within the banking system, which positively reflected on various economic aspects». Outreach plan and despite difficult to accept citizen of this system in light of the situation of the country, but the Keywords confirms that «there is awareness of citizens campaign preceding the application of this system, as the bank was able to provide the infrastructure for systems that allow the settlement of payments, there is an important role for banks and state institutions to take advantage of this construction infrastructure is located in the Central Bank to give him multiple choices Kalptaqat or Phone », noting that« this system will be implemented gradually shall initially optionally anyone who wants to be paid in one payment methods in Kalptaqat with prepayment without carrying no paper money, or the plan that will come after so pay by mobile phone through the introduction of his account in the concerned site to carry out the payment, and then refrain state institutions for the receipt of any coins, but the electronic payment methods », and cautioned that« we will need to go back and Internalization on the use of these technologies ». Bank governor Central pointed out that «the workshop will recommend the need to deposit all the salaries of employees in the government and private banks during the next term, where this recommendation will be an important gateway to connect millions of citizens banking network and using financial services».the confidence to go beyond the financial crisis and expressed Keywords confidence b «the possibility of the government to overcome the economic crisis this year by some of the measures that have been agreed upon, and one of them national bonds ask and encourage citizens to acquire them, where would a good return for them, rather than be money stacked to have », adding that« the central put interest on those bonds comparable to what exists from external benefits because Iraq needs the local currency rather than the dollar, which receives it from oil imports ». in turn, the chairman of the economic and investment commission in parliament Jawad al disclosed that the parliament will put the plan to form a speeding channel to accelerate the legislation of laws in order to keep up with the steps of reform undertaken by institutions State-sponsored dedication, saying that a systematic electronic collection and dinar-mail is an important step to eliminate corruption and bribery. a complex financial system and he stressed Bolani that «Iraq urges paced toward the structure of the state and this system will help regulatory agencies in the follow-up liquidity and trading cash and spending plain language figures to become our daily figures,however, maker political decision can be accompanied by important decisions under which moves the world within 24 hours within the complex and difficult financial system, as well as his contribution to the activation of the country's economy and to encourage the banking sector Ahli ». chairman of the Committee of economy parliamentary did not hide his concern over the challenges that Iraq is going through at the time current, but stressed that it «will come out of them stronger and more confident about the future, as it receives involved day tens of important companies to invest in various fields». he assured Bolani Iraqis that «temporary and transient crisis and resolved to unite, cooperation and solidarity among all». while considered a member of the parliamentary finance committee Magda Tamimi, the existence of the legislative authority in this workshop that comes to the attention of the legal frameworks for this system. showed Tamimi said specialists in this system and through what subjected him has squandered fears of gaps in it, stressing support for the legislative power of all that enable the country to catch up with developed countries.