Parliamentary finance supports World Bank policy in Iraq
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    Parliamentary finance supports World Bank policy in Iraq

    Parliamentary finance supports World Bank policy in Iraq



    Journal May 4, 2017 Add comment 58 visits

    Baghdad - Journal News

    The parliamentary finance committee confirmed that the World Bank's step in reforming the financial system in Iraq is an important step in supporting investment in the country.

    "The World Bank is following a tough policy because it is lending Iraq huge sums of money. At the same time, Iraq is demanding proper management of the financial institutions through deepening financial management and financial performance," said Abdul Qader Mohammed Mouloud, a member of the committee. Government ".

    He described the "positive step by the World Bank through building a solid ground for the work of Iraqi ministries and institutions and financial discipline, as the project includes key axes, including the direction of the integrated system of financial management information and computerization of the operations of public financial management of the preparation and implementation of the budget in the Ministry of Finance and other ministries and exchange units all" .

    This is a waste of time because Iraq is in dire need of time because of the current challenges of economic crisis, austerity measures and security challenges related to the war on terror, as well as the energy crisis and low oil prices, observers say.

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    Last edited by MadDScout; 05-04-2017 at 08:21 PM.



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