International Monetary: Iraq has witnessed economic progress in recent years
11:55 - 01/14/2021
The information / Baghdad ..
The International Monetary Fund announced, on Thursday, that Iraq has witnessed progress in recent years to make room for access to budget and fiscal information.
The Director of the Middle East and Central Asia Department at the International Monetary Fund, Jihad Azour, said in an article published by Al-Sharq Al-Awsat newspaper, which was reviewed by the information, that “Governance reforms and combating corruption are necessary to rebuild better after the crisis and to stimulate a strong and sustainable recovery.” .
He stressed “the importance of improving governance and reducing corruption in order to promote growth; As these factors lead to better economic results and sustainable macroeconomic stability by making the use of public resources and providing government services more effective, and also by enhancing investor confidence and competitiveness.
Azour noted that "effective government and tax institutions can enhance social cohesion, and ensure that the returns to growth will be better and more participatory distributed among all components of society."
He affirmed that “Saudi Arabia, Egypt and Iraq have made progress in recent years in providing more room for access to budget and fiscal information, while Tunisia provided a good example on how to involve citizens in the budget preparation process by enabling them to provide feedback on how to use the opinions of the public during the sessions. Legislative. End / 25