Economy

Iraq's Federal Supreme Court approves "MyAccount" project

The Federal Court's letter includes an attached list of 66 banks operating in Iraq and the Kurdistan Region, which are involved in the "MyAccount" project.

Kurdistan 24 Digital Media 2024/07/02 15:02

The logo of the MyAccount initiative. (Photo: KRG)

Kurdistan MyAccount project Iraq Federal Supreme Court Jassim Mohammed Aboud

Erbil (Kurdistan 24) – The Iraqi Federal Supreme Court has approved the process of banking the salaries of Kurdistan Regional Government (KRG) employees through the "My Account" project.

In a letter sent to the Kurdistan Region's Prime Minister Masrour Barzani on July 1, Federal Court President Jassim Mohammed Abboud stated that the decision encompasses all state-owned banks and those approved by the Central Bank.

The Federal Court's letter includes an attached list of 66 banks operating in Iraq and the Kurdistan Region, which are involved in the "MyAccount" project.