Kurdistan Regional Government deposited 956.928 billion Iraqi dinars into the Finance Ministry account at Erbil's Central Bank branch for July salary distribution through MyAccount. The digital payment system serves 501,500 workers from over 900,000 registered public employees beginning on Wednesday. President Nechirvan Barzani completed his registration on Monday and praised the young professionals managing the financial reform program.
Education Minister Alan Hama Saeed credited MyAccount with eliminating outdated cash collection methods where principals transported money in sacks from banks. Teachers receive direct deposits instead of administrators handling physical currency for staff payments. Participating banks must deploy ATMs and sales terminals while following international financial standards that exclude sanctioned entities.
Education Minister Alan Hama Saeed credited MyAccount with eliminating outdated cash collection methods where principals transported money in sacks from banks. Teachers receive direct deposits instead of administrators handling physical currency for staff payments. Participating banks must deploy ATMs and sales terminals while following international financial standards that exclude sanctioned entities.
