The electronic systems are expected to promote digital payment in the country

Towards cashless and digital society

Finance minister yesterday launched the Electronic Public Expenditure Management System (ePEMS) and Global Interchange for Financial Transaction (GIFT) payment system to enhance public financial management.

With ePEMS and GIFT, transactions of public finances such as salaries, pensions, benefits, and allowances no longer have to be manually recorded and processed through cheques.

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