Public organizations and self-supporting enterprises will pay salaries through the government's MPay electronic payment service.
The relevant bill was considered by the government at a meeting on Wednesday. Currently, salaries in the public sector are paid through 11 commercial banks and 1 non-bank service provider (PayMaster). The use of MPay for salary distribution will allow beneficiaries to independently choose a payment service provider, without being tied to employers' salary projects, according to the social benefits distribution model. Thus, government agencies and self-supporting enterprises will not need to enter into annual contracts with payment service providers for the distribution of salaries, since such contractual relationships will be established by tripartite agreements concluded between the Electronic Governance Agency, which is the owner of MPay, the Ministry of Finance, which is an authorized participant, and providers of payment services. The MPay service is integrated with payment systems, and data exchange is carried out in an automated mode. Due to this, the need for interaction between the financial departments of government agencies and institutions with payment service providers is eliminated, and this will significantly reduce the efforts of both parties. The new model for paying salaries in the public sector will be implemented from 2024. The bill must be approved by the Parliament.// 27.07.2022 — InfoMarket
