Prime Minister Mohammed Shia Al-Sudani directed the localization of salaries of private sector workers, similar to those of state employees, while he set July of next year as the date for the departure of cash payments by government institutions .
Al-Sudani’s media office said in a statement that “in implementation of the financial and economic reform approach, which represents one of the government’s most important priorities, the Prime Minister directed that a number of steps 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.