Minister Of Finance: We Are Working To Modernize Systems And Enhance Transparency And Financial Discipline

 
Economy     May 20, 2025, 9:14 PM  Baghdad – INA  Finance Minister Taif Sami confirmed on Tuesday that the ministry is working to
 
     modernize administrative and financial systems and
     enhance transparency and financial discipline,
 
in line with the priorities of the government program and to consolidate economic stability.
 
The ministry said in a statement received by the Iraqi News Agency (INA):
 
"Minister of Finance Taif Sami received the economic team at the US Embassy in Baghdad to discuss ways of joint cooperation within the FSVC program to enhance economic and financial capabilities in Iraq."  

The statement added that "the two sides discussed mechanisms to support the general budget and aspects of technical cooperation between the ministry and the US side   in the areas of budget preparation and government accounting,  through the mechanism for implementing the program and performance budget."  

According to the statement, the Minister of Finance stressed "the importance of leveraging international expertise to support ongoing reforms," ​​noting that  
 
"the Ministry is working to
 
     modernize administrative and financial systems,
     enhance transparency and financial discipline,
 
in line with the priorities of the government program, and consolidate economic stability." 

The statement continued, "The American team expressed its willingness to
 
     provide technical and advisory support, particularly in
     developing tools for preparing program and performance budgets,
     improving accounting systems, and
     developing financial information systems." The statement concluded by saying,
 
"The two parties agreed to 
     continue coordination and organize training workshops for Ministry employees in a number of technical specialties, to
     support the implementation of best practices in public finance management and
     achieving sustainable development."    https://www.ina.iq/234695--.html