Gov’t Financial Transactions Going Digital
Gov’t Financial Transactions Going Digital

Iranian Gov’t Financial Transactions Going Digital

Iranian Gov’t Financial Transactions Going Digital

The Vice Presidency for Information Technology says all financial transactions and payments with the government will soon be digitized as part of the wider e-government project focused on improving transparency and accountability.
Reza Bagheri-Asl, director of the Executive Council of Information Technology, in a talk with Mehr News Agency, referred to the details of a related government bill and said, “All e-government transactions related to ‘e-health’, tax and ‘payment procedures’ will be digitized.”
Government transactions make up 30% of Iran’s GDP according to Bagheri-Asl, and the move to digitize should streamline all payment systems.  He added that procurement procedures with government departments will also move to digital-only transactions to increase openness and speed up payments.
The government has instructed public entities that the new program has been launched by the office of e-commerce at the Ministry of Industries Mining and Trade, which will implement it. The Executive Council of Information Technology will function as an overseer.
Earlier in November, the head of Iran’s Information Technology Organization Nasrollah Jahangard, was quoted as saying by ISNA that the launch of new services “will help ease public dealings” with the huge bureaucracy and help in downsizing the government and reduce its deep and unwanted involvement in the economy.
Nearly 50% of government organizations are set to be connected to the network, he added.
Meanwhile, as part of a public-private partnership deal to digitize payments with government bodies, Mobile Telecommunications Company of Iran (MCI) became the official partner of the e-government program at the end of 2016.
The services include secure digital signature, encrypted data storage on SIM, e-wallet and near field communication payment services for minor purchases and several other mobile financial solutions.


Short URL : https://goo.gl/Es9p0H
  1. https://goo.gl/9UT9Np
  • https://goo.gl/4p6MmI
  • https://goo.gl/bWyJC9
  • https://goo.gl/DJxxzN
  • https://goo.gl/uEl9aR

You can also read ...

Support for  Forex Measures
The head of Competition Council welcomed efforts made by the...
The looming crisis in the emerging markets, set off by the run on the Turkish lira, has had a more direct impact on the Iranian rial than anything the US has claimed.
Since the beginning of the fiscal 2018-19, the Iranian rial...
Yu Chang Hwang (L) and Mohammad Reza Bakhtiari
South Korea’s new ambassador to Iran, Yu Chang Hwang, said...
UK Firm: Progress Made With Iran Airport Contract
UK-based security solutions supplier Westminster Group said it...
CBI: Currency Inflow Growing Steadily
Governor of the Central Bank of Iran said on Saturday that...
Without Waivers, US Sanctions on Iran Will Cripple Iraq
Iraqi officials, struggling to form a new government months...
Uber in Talks to Buy Food-Delivery Company
Uber Technologies Inc. is in early talks to buy food-delivery...
Aston Martin Aims to Steer  Around Brexit to $6.7b IPO
Luxury British carmaker maker Aston Martin is seeking a price...

Add new comment

Read our comment policy before posting your viewpoints