PM Ismail orders public sector to switch staff salaries to electronic payment system

This reeks of opportunity: Government offices and companies now have three months to switch from a cash to an electronic payment system for their staff salaries, according to an ultimatum issued by Prime Minister Sherif Ismail on Tuesday, Youm7 reports. The decision prohibits a return to cash or cheque payments and is part of a state-endorsed initiative to enhance financial inclusion. Government has for more than two years now accelerated the pace at which it has shifted payroll to the banking system.