Iraq Launches project to reform and modernize the State's financial management systems


Agency Finance Minister Abdel Razak Al-Essa, said Thursday the launch of Iraq in cooperation with the World Bank representatives in Baghdad a draft to reform and modernize the financial management systems of the State.

The Ministry statement quoted Issa as saying during the meeting with World Bank representatives headed by the Special Representative of the World Bank Robert Po quality and his Entourage "economy" has received a copy of this important step, "come based on the agreement with representatives of the World Bank during the recent spring meetings in Washington.

Alessa referred to "this project includes the basic axes of the trend toward financial management information system (IMIS) and the computerization of the operations of the public financial management of the preparation and implementation of the budget of the Ministry of finance and other ministries and exchange units.

Alessa stressed that "the priority of the project is to develop public investment for the Iraqi State."