Iraq and UN discuss mechanisms for co-financing for projects, donor countries

[maddy]

May 16, 2010 · Posted in NEWS

05/16/2010

The advisory board held a cabinet meeting with the United Nations to search for co-financing mechanisms for projects of donor countries.

The chairman said Thamer Ghadhban, the press section at the National Center for Public Information, said the meeting recommended the formation of a joint technical committee between the relevant ministries, to choose the mechanisms that is consistent with legislative and administrative frameworks in Iraq.

For its part, said the Humanitarian Coordinator in Iraq, Christine McNab said the UN agency is determined to define the mechanisms of good co-financing, through the recruitment of international expertise for the benefit of Iraq.

In turn, asked the representative of the Ministry of Finance to open up co-financing projects to the controls and instructions of government contracts with respect to the port by the Iraqi government and coordination between the ministries concerned.

http://www.nmc.gov.iq/mnews/2010/5/16_1.htm