Finance: Ernst & Young contracted to evaluate Iraqi insurance companies.

   Finance: Ernst & Young contracted to evaluate Iraqi insurance companies.

The Minister of Finance announcedSami's SpectreToday, Monday, contractedIraqWith the company "Ernest"Young" Global to evaluate the performance of government insurance companies and make recommendations to determine their fate.

Sami told the official agency, which followed it:Alsumaria NewsHer ministry, "based on the directives ofcabinetI contracted with the international company Ernst & Young to evaluate the work of government insurance companies.

She added , "The company's role will focus on submitting technical recommendations to the ministry regarding merging, restructuring, or improving the current performance of these companies, in line with international best practices and standards."Ministry of FinanceIn 2023, it announced its selection of the international audit firm "Ernest"Young" and its headquartersAmerica...to "review its financial statements, as a first step in efforts to correct and reform financial policy, consistent with the principles of the Iraqi government's reform program," according to an official statement issued at the time. link