Government decision to reduce the amount of issuing electronic payment cards by 50%
Issued Ministerial Council for the Economy Today, Monday, a decision was issued to reduce the amount of electronic payment card issuance by 50% and to reduce the amount of electronic payment commissions deducted by 5 per thousand.
A statement issued by the Council, received by Alsumaria News That “deputy prime minister Minister of Foreign Affairs Fouad Hussein Chaired the twenty-first session of the Council Ministerial For the economy, which was held in the Council building in the presence of the Deputy Prime Minister, Minister of Planning, Ministers of Finance, Trade, Agriculture, Labor and Social Affairs, and the Governor Central Bank of Iraq Chairman of the Securities Commission and Vice Chairman National Investment Authority”
He added, “The Council hosted the general managers of the Oil Products Distribution Company, Information Technology at the Central Bank, the Enforcement Department at the Ministry of Justice, and a representative of…Ministry of Interior“ The Council decided, according to the statement, to reduce the amount of issuing electronic payment cards by 50% ,
provided that the issuance amount does not exceed 5,000 dinars. The Council also decided to reduce the amount of electronic payment commissions deducted to be five per thousand, while continuing to work with the currently approved upper limits for use regarding the purchase of petroleum products by citizens from fuel filling stations, with the implementation of Ministry of Oil/The Oil Products Distribution Company shall increase the percentage of use of electronic payment operations by no less than 50% of all its transactions, including obligating the private sector (constructed gas stations) with the above, and within a period of six months from the date of issuance of this decision. Electronic payment companies shall abide by this decision as of 1/1/2026.”
He added, “In order to support brick manufacturing plants and ensure the employment of workers in them and work in a healthy and environmentally sound environment, especially in plants adjacent to residential areas, the Council decided to recommend to cabinet The price of liquefied gas supplied to brick factories will be 250,000 dinars per ton.
The Council also decided to approve the Ministry of Oil’s request to grant the required exception in applying the provisions of the standard documents for the project, which are related to the rehabilitation and installation of gas compressors at the site. Al-Rumaila Northern.”
The Council decided to “approve the Ministry of Electricity’s request to cancel the decision to withdraw work for the second time from the company implementing the project to construct two buildings for the Amerli and Al-Farhatiya power stations.”
The Council reviewed the agricultural report and the status of dam water and plant and animal production prepared by Ministry of Agriculture Among the most important recommendations included in the report:
– Giving priority to agricultural investment in general and in promising areas in the desert In particular.
– Continuing to support agricultural inputs and outputs and protecting them from imported products.
– Adopting a policy of rationalizing water use and enhancing Water Resources Management Combating desertification, developing irrigation strategies, and using modern irrigation technologies.
– Supporting the private agricultural sector in all its fields.
Alsumaria.tv