Iraq launches a project to reform the financial management in cooperation with the World Bank

[MyLadiesDaddy]

25 minutes ago, ChuckFinley said:

I am with you on this. I kind of bothers me when people post here like they are subject matter experts and come across like we are village idiots. The smartest Guy i know, but do not know personally, is Adam. He has contacts there too and not once has he said anything about rates, dates, or this Will not happen till year XXXX. He is focused on one thing, the HCL. That should tell us something. 

But I is da village idiot, ask anyone. 

[SnowGlobe7]

1 minute ago, ladyGrace'sDaddy said:

But I is da village idiot, ask anyone. 

[SnowGlobe7]

[SnowGlobe7]

[MyLadiesDaddy]

 

What da prob is.................................................. 

[SnowGlobe7]

[ChuckFinley]

24 minutes ago, Jaygo said:

Hey Chuck! I have studied in your study and plan on doing more studying in my study later! If you would like to study up on why I have studied so much just look it up and study it!!! 

No one knows Jack! Agreed brother!!! 

You study up because you care what happens to those that you care about. You what to make sure your family is taken care of, your parents do not have to worry about your future and you do not have to worry about their future. Your children or family members  will see a person you studied and relized an oppertunity to change the life's of those around him.   to you my friend.  

[ChuckFinley]

24 minutes ago, ladyGrace'sDaddy said:

But I is da village idiot, ask anyone. 

I was wondering who was sitting across the table from me. They said I would be sitting at a table with other special guest.   

[ChuckFinley]

26 minutes ago, SnowGlobe7 said:

SnowGlobe, who are such a Highlander. I was laughing so hard I thought I was in a Quickening.  

[SnowGlobe7]

2 minutes ago, ChuckFinley said:

SnowGlobe, who are such a Highlander. I was laughing so hard I thought I was in a Quickening.  

[MyLadiesDaddy]

 

[USMCVET]

Oil.

[MyLadiesDaddy]

4 minutes ago, USMCVET said:

Oil.

Welcome to the Beverly Hillbillies in Iraq

 

 

[yota691]

Video: Iraq receives a grant from the World Bank worth $ 41 million

 

Thursday 4 May 2017 17:46

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Quote

 

Video Iraq receives World Bank grant worth $ 41 million

 

318 views

 

 

Published on May 4, 2017

Forty-one million dollars is the value of the European loan to the Ministry of Finance, the money will go according to those responsible for the reform and modernization of economic management and investment process in the country. 
"The loan is worth one and forty-five million dollars, for the process of modernizing the management of the Ministry of Finance and the investment management process between the Ministry of Finance and Planning, and there will be a grant from the European countries for the Iraqi development process," said Abdul Razzaq al-Issa, acting finance minister. 
World Bank officials have confirmed that the money is protected and will be deposited in the Ministry of Finance to be disbursed. 
"This project will put the funds at the disposal of the Ministry of Finance and there will be tenders for the purchase of services and the modernization of regulations," said Repero Bojuda, Special Representative of the World Bank Mission in Iraq. 
Experts believe that the realization of economic reforms will contribute to the creation of attracting factors for foreign investment, which will expand the country's productive base and ease the burden of the budget. 

 

 

 

 

Forty - one million dollars is the European loan value of the Ministry of Finance, this money will go according to those who made it to the reform and modernization of economic management and the investment process in the country.  In this context, Abdul Razzaq al- Issa said, the Minister of Finance Agency, said : " The loan value of forty - one and 500 million dollars, to the process of modernizing the Ministry of Finance Management and the process of investment management between the Ministry of Finance and Planning, as well as there will be a grant from the European countries to the process of Iraq 's development."         Officials at the World Bank , confirmed that the funds are protected and deposited in the Ministry of Finance for direct disbursement.  For his part, Repairwear quality PU, the Special Representative of the Mission of the World Bank confirmed in Iraq , "This project will put the funds disposal of the Ministry of Finance there will be tenders for the purchase of services and modernization of systems."  Experts believe that the economic reforms will contribute to creating a magnet for foreign investment factors, which will expand the country 's productive base and alleviate the burden on the public budget.  You can see the report on the video above.

[yota691]

Parliamentary financial support of the World Bank's policy in Iraq

Journal May 4, 2017  77 Visit

 

 

 

BAGHDAD - The Journal News

 

Parliamentary Finance Committee stressed that the step of the World Bank to reform the financial system in Iraq is an important step in support of investment in the country.

A member of the Committee, Abdulkadir Mohamed Mouloud, for "Journal News" on Thursday, said that "the World Bank follows a strict policy, and because it lends Iraq sums payable, and at the same time, Iraq calls for the administration correct financial institutions through in-depth financial management and financial performance government. "

He described the live "step by the World Bank as positive by building a solid ground for the work of the ministries and the Iraqi institutions and financial discipline, the fact that the project includes key topics such as the trend towards an integrated information system for financial and computerization of the management operations of public financial management of the preparation and implementation of the budget in the Ministry of Finance and other ministries and units of exchange all" .

And confirms observers of economic Chan, said the move is a waste of the time of the fact that Iraq is in dire need to use the time because of the current challenges faced by and of the economic crisis and following the austerity and security challenges related to the war on terrorism, as well as energy and low oil prices crisis policy.

[Luigi1]

Luigi found this news article of Dinarian interest...

Iraq Finance Minister says ER has started.

 

Thursday, May 4, 2017

Iraq, WB start financial reform

 

7:59 PM  admin  

 

Baghdad/ Iraq TradeLink: Iraqi Acting Finance Minister Abdul Razzak al-Issa stated that the

financial reform in the country, in cooperation with the World Bank (WB) has been started.

 

This move complements the agreement in Washington last Spring.

 

He pointed that this project will concentrate on financial administration and the implementation of the budget at the finance ministry and other departments.

 

 

Minister Issa added that the priorities of the project is to develop governmental investments.

 

 

Posted in: Baghdad,Economy,Finance Ministry,Ministries

[Sage449]

Gee Loo-wee-gee, didn't know you could get pluses!

Good one.

1 hour ago, Luigi1 said:

 

He pointed that this project will concentrate on financial administration and the implementation of the budget at the finance ministry and other departments.