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Showing results for tags 'financial and economic reforms'.
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Governor of the Central Bank meets a delegation from the French Development Agency Side of the encounter Banks Economy News - Baghdad Central Bank Governor Mostafa Ghaleb Makhaif met, on Tuesday, with a delegation from the French Development Agency (AFD) to discuss ways of joint cooperation. In a statement received by Al-Iqtisad News, the Central Bank said that his governor assured the delegation of the importance of international technical support to implement the financial and economic reforms presented in the white paper. According to the statement, Ghalib suggested "holding a meeting between the French Development Agency and the private banking sector to define the area of joint cooperation." For its part, the French Development Agency expressed its desire to establish a branch in Iraq to increase cooperation, as well as to provide loans for service and productive projects of the Iraqi government, and to provide funding for the public and private sectors, according to the statement. It is reported that the French Development Agency (AFD) is a public institution for development financing that works to combat poverty and promote economic growth in developing countries. Number of observations 72 Date of addendum 04/13/2021 -
Economists: changing some corporate positions is an important step towards reforms Tuesday 17th November 2020 38 Baghdad: Hussein Faleh is an economist, making changes to some positions in economic institutions is an important step towards financial and economic reforms, and while they indicated that reforms need to re-establish the functional structure in institutions, they stressed the need to develop practical plans to combat corruption and stop the waste of public money. Economist Safwan Qusay said in a statement to "Al-Sabah": "The process of changing some of the positions of important institutions, especially the economic ones, is required in order to achieve real reforms in the state apparatus," stressing the need for appointments to be in accordance with the data of scientific specialization, experience and competence. Functional structure He added, "If a specialized and competent person is chosen to head a department, there will be a change for the better in the work and management of this institution." He stressed "the necessity of forming the Federal Service Council to impose its will in the appointment process, away from the various influences," noting that "financial and economic reform can be achieved through redrawing the functional structure within each state institution, as well as defining the relationship between ministries and agencies." The Independent. Financial reforms He explained, "The accumulation of mistakes of previous years and the existence of corruption files led to the administrative structures to defend themselves and prevent real changes in order to hide previous mistakes." He continued, "We aspire to see effective financial reform through reducing operating spending and diversifying the economy by increasing Iraqi resources," noting that "the top of the pyramid in the institution helps in the process of developing reforms, especially when it sets up economic development programs and works in a transparent manner." Fight corruption For his part, the expert in financial affairs, Ahmed Al-Majidi, said, "The changes made by Prime Minister Mustafa Al-Kazemi in some important positions in the state, especially the governor of the Central Bank, the head of the National Investment Authority, the head of the Securities Commission, bank directors and others fall within the real economic reforms That the government promised Hold it. " He added, "The vision of the prime minister and his government staff is to maximize the state’s financial revenues in terms of diversifying the economy and reducing operational spending, as well as eliminating corruption," indicating that reforms are not achieved without fighting Corruption. He pointed out that "the government is determined to fight corruption, and these are good indicators towards achieving financial and economic reform in Iraq." Country.
