The parliamentary Finance: World Bank follows strict policies with Iraq


The parliamentary Finance Committee confirmed Thursday that the World Bank step to reform the financial system in Iraq is an important step in support of investment in the country.

Committee member Abdulkader Mohamed born in interview obtained by the news, "economy", "the World Bank follows strict policy because it lends large sums owed Iraq, while Iraq demands the correct management of financial institutions through depth in financial management and financial performance".

Description of a newborn "positive Bank step by building a solid platform for the work of the Iraqi ministries and institutions and financial discipline, the fact that the 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.