Import Allocation Monitoring Authority: Every dinar that enters and leaves the Iraqi treasury is subject to monitoring.
The General Authority for Monitoring the Allocation of Federal Revenues revealed on Saturday its procedures for monitoring the movement of funds from the treasury to spending entities, stressing that every dinar that enters and leaves the treasury is subject to monitoring. Dinarnews subscription
According to the official agency, the head of the General Authority for Monitoring the Allocation of Federal Imports, Susan Abdullah, said, “The Authority is independent and serves as an early warning system for combating corruption, as the Authority’s tasks include monitoring allocation and supervising funding from the Ministry of Finance to ministries and governorates, and then monitoring the optimal use of funding. Consequently, all revenues and imports that come to Iraq federally from any institution are investigated by the Authority, which verifies the sources of revenues.”
She pointed out that “every dinar that enters and leaves the Iraqi treasury is under the observation and monitoring of the commission,” indicating that “there are many corruption files that have been monitored and referred to the Integrity Commission, the judiciary, and the Financial Control Bureau.”
Abdullah emphasized, “There is no overlap in work with the Federal Board of Supreme Audit; rather, there is institutional integration between the Board and the Integrity Commission. They have the scope to operate, and we have sufficient scope.” She pointed out that “the Commission, which monitors the allocation of federal revenues, is the only entity in Iraq that oversees funds before disbursement and follows up on them after disbursement.”
Alrabiaa.tv