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Baghdad / Obelisk: The Minister of Finance, Ali Abdul Amir Allawi, chaired, 08/14/2022, a meeting that included the German International Cooperation Agency, in the presence of the financial advisor, the general directors of the ministry, the Executive Director of the Economic Reform Paper and the Deputy Governor of the Central Bank of Iraq, to follow up on the implementation of the stages of the financial and economic reform program (white paper).
In a statement received by Al-Masala, the ministry stated that the meeting discussed a number of themes raised by the German team, including regulating non-oil public revenues, public financial management and accountability, combating money laundering / combating terrorist financing, supporting the financial sector and diversifying the state's general budget.
He added that the meeting dealt with the financial reform program aimed at increasing and regulating non-oil revenues, in addition to discussing the completion of the support and development of the tax reform project (TIN) in cooperation with international organizations specialized in this field, and the follow-up of the implementation stages of the modernization of Skoda's customs regulations.
They discussed the development of the role of the private sector and the banking sector, the active role of the two sectors in achieving sustainable economic development factors, improving opportunities for refinancing the private sector, and increasing access to international financing.
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