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Urgent measures to combat the routine in transactions related to the investment file

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Urgent measures to combat the routine in transactions related to the investment file

BAGHDAD, April 29 (Reuters) - The Inspector General of the Ministry of Finance announced on Monday that urgent measures are being taken to combat routine in the procedures of the finance ministry departments concerned with the investment file.

"There is great seriousness to provide a positive environment to support and encourage investment through the development of advanced mechanisms to eliminate bureaucracy and reduce the routine of transactions.

The new instructions are aimed at supporting and empowering the private sector and in line with the state's directives
," said Maher al-Bayati. This framework".

Al-Bayati added that "the new procedures will be based on quick communications, naming coordinators to follow up on these field contacts and obtaining answers within quick time frames in coordination with the National Investment Authority, as well as directing all the banks of the Ministry of Finance to take appropriate measures to facilitate the completion of transactions of borrowers Private investors".
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