[size=35][size=35]Finance is discussing with the International Monetary Fund the application of the single treasury account[/size]
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May 7, 2023 | 09:41
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A ministry statement received by Alsumaria News stated, "Today, Minister of Finance, Taif Sami Muhammad, chaired the consultative meeting with the experts of the[url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]International Monetary Fund[/url](MITAC) through visual communication channels regarding the requirements for designing and implementing the unified treasury account system ????????????, in the presence of the Director General of the[url=https://www.alsumaria.tv/Entity/2924535115/%D9%82%D8%B3%D9%85 %D8%A7%D9%84%D9%85%D8%AD%D8%A7%D8%B3%D8%A8%D8%A9/ar/]Accounting Department[/url]and the ministerial team. concerned with the project, in addition to the participation of the general managers of the Rafidain and Al-Aqari banks and the[url=https://www.alsumaria.tv/Entity/1025639366/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A %D9%84%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9/ar/]Iraqi Trade Bank[/url], and representatives of the Al-Rasheed, Industrial, Agricultural and Al-Nahrain Islamic banks.
The meeting discussed the outputs approved during the previous period, and reviewed the next stages of project implementation[You must be registered and logged in to see this link.]According to the specific timelines and the allocated costs, as well as examining the extent of the system's response with the rest of the sub-systems such as preparing the general federal budget, procurement and payment systems, fixed assets, the salary system, the revenue system, cash management, etc. "The ministry is keen to expand the use of technological solutions to
ensure The sustainable modernization of financial systems, according to the latest international standards and expertise, in line with efforts to meet challenges and facilitate financing procedures in record times.
And she explained that "the application of the account will allow the possibility of monitoring the movement of funds to the spending units and determining what remains in the departments' accounts and restoring it for the benefit of the state treasury, as well as diagnosing the units." that are still outside the salary settlement system, in addition to that the project will provide an accurate database that contributes to accounting operations and the diagnosis and treatment of errors. momentarily.”
And the Minister of Finance stated, "Seeking to agree with the support team at the World Bank on the participation of Iraqi staff in expanded rehabilitation programs under the supervision of the World Bank, with the aim of enhancing the expertise and skills of staff working on the account, and ensuring the success of its management with high professionalism and efficiency.”
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May 7, 2023 | 09:41
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Today, Sunday, the Ministry of Finance discussed with the International Monetary Fund the application of the single treasury account.
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[/ltr]
A ministry statement received by Alsumaria News stated, "Today, Minister of Finance, Taif Sami Muhammad, chaired the consultative meeting with the experts of the[url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]International Monetary Fund[/url](MITAC) through visual communication channels regarding the requirements for designing and implementing the unified treasury account system ????????????, in the presence of the Director General of the[url=https://www.alsumaria.tv/Entity/2924535115/%D9%82%D8%B3%D9%85 %D8%A7%D9%84%D9%85%D8%AD%D8%A7%D8%B3%D8%A8%D8%A9/ar/]Accounting Department[/url]and the ministerial team. concerned with the project, in addition to the participation of the general managers of the Rafidain and Al-Aqari banks and the[url=https://www.alsumaria.tv/Entity/1025639366/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A %D9%84%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9/ar/]Iraqi Trade Bank[/url], and representatives of the Al-Rasheed, Industrial, Agricultural and Al-Nahrain Islamic banks.
The meeting discussed the outputs approved during the previous period, and reviewed the next stages of project implementation[You must be registered and logged in to see this link.]According to the specific timelines and the allocated costs, as well as examining the extent of the system's response with the rest of the sub-systems such as preparing the general federal budget, procurement and payment systems, fixed assets, the salary system, the revenue system, cash management, etc. "The ministry is keen to expand the use of technological solutions to
ensure The sustainable modernization of financial systems, according to the latest international standards and expertise, in line with efforts to meet challenges and facilitate financing procedures in record times.
And she explained that "the application of the account will allow the possibility of monitoring the movement of funds to the spending units and determining what remains in the departments' accounts and restoring it for the benefit of the state treasury, as well as diagnosing the units." that are still outside the salary settlement system, in addition to that the project will provide an accurate database that contributes to accounting operations and the diagnosis and treatment of errors. momentarily.”
And the Minister of Finance stated, "Seeking to agree with the support team at the World Bank on the participation of Iraqi staff in expanded rehabilitation programs under the supervision of the World Bank, with the aim of enhancing the expertise and skills of staff working on the account, and ensuring the success of its management with high professionalism and efficiency.”
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