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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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    The Minister of Finance reveals the main benefits of the public administration system

    Rocky
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    • Post n°1

    The Minister of Finance reveals the main benefits of the public administration system Empty The Minister of Finance reveals the main benefits of the public administration system

    Post by Rocky Sun 05 Feb 2023, 6:16 am

    The Minister of Finance reveals the main benefits of the public administration system

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    Economy News / Baghdad
    Today, Sunday, Minister of Finance, Taif Sami, revealed the basic benefits of the public financial management system.
    The Ministry of Finance said in a statement that "Finance Minister Taif Sami held, today, a joint meeting with the World Bank team and members of the steering committee for the implementation of the public financial management system project, in the presence of a number of general managers of the departments concerned with the (IFMIS) project," indicating that "the meeting discussed The outputs approved during the previous period, and a review of the next stages of project implementation according to the specified timelines and the allocated costs, as well as examining the extent to which the system responds with 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 cash management.
    And she continued, "The Minister listened to a detailed presentation about 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 that the application of the system provides for the optimal use of the state's monetary resources."
    The minister stressed that "the main benefits of the system are 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 adopting an internationally recognized accounting information system." And an information system at the latest international level technically and scientifically, improving control and auditing processes, as well as improving management of revenues, expenses, cash, cash flows, salary accounts, and follow-up on project cost accounts.

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    Added 02/05/2023 - 3:07 PM
    Updated 2023/02/05 - 3:15 PM
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