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Finance discusses regulating the work of government banks with international auditing firm Ernst & Young
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[rtl]Baghdad / NINA / Minister of Finance Taif Sami discussed with the international auditing and oversight company Ernst & Young the work plan and necessary steps to merge and organize a number of institutions of the Iraqi Ministry of Finance.
According to a statement by the Ministry of Finance: During the meeting chaired by Minister Sami, Thursday, at the ministry's headquarters with representatives of the company, a draft was presented by the auditing company on organizing and restructuring Rafidain and Rashid Banks. In addition to discussing the proposed plan and implementation stages and determining the frameworks of the contract and formulating it in line with the priorities of reform and development.
The Minister of Finance stressed the importance of benefiting from the expertise of solid international companies such as Ernst & Young in the field of organizing and restructuring financial institutions. The ministry aims to make Iraqi banks internationally and locally acceptable to provide better services to citizens. The
auditing company's expertise will also contribute to improving the efficiency and effectiveness of financial institutions, as it is expected that merging and organizing financial institutions will improve the quality of banking services provided and enhance investor confidence in the Iraqi economy. / End8[/rtl]
According to a statement by the Ministry of Finance: During the meeting chaired by Minister Sami, Thursday, at the ministry's headquarters with representatives of the company, a draft was presented by the auditing company on organizing and restructuring Rafidain and Rashid Banks. In addition to discussing the proposed plan and implementation stages and determining the frameworks of the contract and formulating it in line with the priorities of reform and development.
The Minister of Finance stressed the importance of benefiting from the expertise of solid international companies such as Ernst & Young in the field of organizing and restructuring financial institutions. The ministry aims to make Iraqi banks internationally and locally acceptable to provide better services to citizens. The
auditing company's expertise will also contribute to improving the efficiency and effectiveness of financial institutions, as it is expected that merging and organizing financial institutions will improve the quality of banking services provided and enhance investor confidence in the Iraqi economy. / End8[/rtl]
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