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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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    Parliament is discussing with the World Bank the financing of projects and the shift towards the ele

    Rocky
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    Parliament is discussing with the World Bank the financing of projects and the shift towards the ele Empty Parliament is discussing with the World Bank the financing of projects and the shift towards the ele

    Post by Rocky Sun 26 Mar 2023, 10:31 am

    Parliament is discussing with the World Bank the financing of projects and the shift towards the electronic system in financial transactions

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    Economy News / Baghdad
    On Sunday, the Finance Committee in the House of Representatives hosted a delegation from the World Bank, to follow up on loans for projects financed by the bank within the Federal Budget Law for the year 2023, and the mechanism for automating the financial system in the country.
    The Finance Committee discussed ways to find appropriate solutions to implement the projects that were signed with the World Bank and how to finance the spending units, in addition to reviewing the implementation of projects in Iraq and accelerating their pace, as well as the need to maximize revenues by switching from the paper system to the electronic system. According to the information of the House of Representatives.
    The committee listened to a delegation from the World Bank regarding its visit to the Ministry of Finance related to financing projects for spending units and disbursing loans in connection with them, as well as briefing them on the vision of the Ministry of Finance on completing the points agreed upon in accordance with the new vision of the ministry, as the delegation indicated that there is the appropriate ground to achieve the steps to implement projects, stressing Full commitment to provide support and assistance to automate public financial management in Iraq and achieve progress.
    The committee discussed with the World Bank the possibility of benefiting by providing assistance in preparing an integrated financial system project (ifms), presenting a complete budget and preparing final accounts reports for the draft budget.
    At the end of the meeting, the Parliamentary Finance Committee confirmed its aspiration for "the shift from the paper system to the electronic system to make progress in modern financial transactions and to prepare an integrated project in this regard."

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    Added 03/26/2023 - 5:12 PM


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