SAMENA Daily News

'SAMENA Daily' - News

Egypt steadily moving towards digital transformation

Egypt is well on the way towards achieving digital transformation and attaining the goals of financial inclusion, the Ministry of Finance said on Saturday.

Thanks to the government's electronic payment and collection system, launched in May, government services have become more accessible to citizens at their actual prices, whether online or through payroll, bank, prepaid or credit cards, the ministry added in a statement.

The ministry has supplied all administrative bodies nationwide with E-collection systems; however, some of them have been found to be unused, the ministry said.

The ministry further underscored the need to use the new systems and return any surplus equipment to the competent budget authority to avoid wasting public funds and exercise strict control over state investments.

Prepaid cards are now available free of charge at the National Bank of Egypt (NBE), Banque Misr, Bank du Caire (BdC), Agricultural Bank of Egypt (ABE) and the Commercial International Bank (CIB) until the first of November, the ministry noted.

Citizens could now pay their government dues, which exceed EGP 500, at any of the 4,000 postal offices nationwide or any of the banks subscribing to the government E-payment system, the ministry added.