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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Finance discusses the implementation of the public financial management system and the unified treas

    Rocky
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    • Post n°1

    discusses - Finance discusses the implementation of the public financial management system and the unified treas Empty Finance discusses the implementation of the public financial management system and the unified treas

    Post by Rocky Wed 25 Jan 2023, 5:27 am

    Finance discusses the implementation of the public financial management system and the unified treasury account projects

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    Economy News - Baghdad
    The Ministry of Finance discussed, on Tuesday, the implementation of the public financial management system and the unified treasury account projects. 
    A statement by the ministry said, "Minister of Finance Taif Sami Muhammad chaired today a joint meeting with members of the steering committee for the implementation of the IFMIS public financial management system project, in the presence of the undersecretary and a number of general managers of the departments concerned with the project."
    The statement added, "The meeting discussed the outputs approved during the previous period, and reviewed the next stages of implementing the project according to the specified timelines and allocated costs, as well as examining the extent of the system's response to the rest of the sub-systems such as preparing the federal budget, procurement and payment systems, fixed assets, the salary system, the revenue system, and managing Cash".
    And the statement continued: “As the main benefits of the public financial management information system are concentrated in its ability to improve financial and administrative reports and a comprehensive account structure for the federal government and unify the structure of accounts with independent bodies, in addition to issuing reports according to government financial statistics and laying the foundations for decentralized accounts in federal ministries, and approving An internationally recognized accounting information system and an information system at the latest international level, technically and scientifically, and improving control and auditing processes, as well as improving management of revenues, expenses, cash, cash flows, expenses, salary accounts, and follow-up on project cost accounts.
    He pointed out that "during the meeting, a detailed presentation was made on the design and implementation of the next phases of the project and its direct relationship to the unified treasury account system, in a manner that suits the nature of the financial and accounting system in Iraq, as well as the advantages offered by the application of the system for the optimal use of the state's monetary resources."
     
     
     

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    Added 01/24/2023 - 8:33 PM
    Updated 01/25/2023 - 1:02 PM


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