‘A national achievement’: PM Barzani inaugurates digital payment initiative

The initiative aims to "simplify" the payment of bills through "a secure digital platform," according to the project's official website.

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PM Barzani lauds MyAccount success, pledges expanded banking access

"To date, more than $3 billion has moved through the participating banks, creating new jobs in the financial services sector and allowing credit to emerge. Access to credit is vital for growing the economy, [small and medium-sized enterprises] and startups," Kurdistan Region Prime Minister Masrour Barzani said.

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Over 500,000 in Kurdistan set to receive salaries digitally

The MyAccount initiative will see the Kurdistan Region's civil servants receive their July salaries via over 580 ATMs located across the Region, coming as authorities pursue a move away from a cash-based economy.

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International Development Bank removed from KRG's MyAccount due to CBI restrictions

“The KRG [Kurdistan Regional Government] Ministry of Finance and Economy announces that the International Development Bank (IDB) will no longer participate in the MyAccount programme, following restrictions imposed by the Central Bank of Iraq (CBI) on US dollar transactions,” read a statement from the ministry.

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KRG’s MyAccount welcomes nationalization of salaries

Ahmad noted that they will continue “close partnership and coordination” with the CBI through monthly updates and reports, per the court’s ruling

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Erbil fully digitalizes civil servant salaries

The MyAccount team confirmed to The New Region that they will soon complete the registration of all civil servants in Duhok province as well

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