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The Minister of Finance chairs a meeting to implement the draft system for modernizing financial management systems
Economie Today, 13:58
Baghdad –
The Ministry of Finance announced, today, Sunday, that the IFMIS modernization system project will provide 5 positive features, while it indicated that among these features is improving control over accounts and not exceeding appropriations in the budget.
A statement by the ministry, received by the Iraqi News Agency (INA), stated that
"Minister of Finance, Taif Sami Muhammad, chaired the coordination meeting with the steering committee to implement the IFMIS modernization system project." The statement added,
"The meeting was attended by the representative of the World Bank, Salam Maarouf, and the representative of the AARC consulting company, which is responsible for preparing bidding documents to purchase the requirements of the system, in the presence of the directors of the budget, accounting, legal, administrative, and information technology departments in the ministry." He pointed out, "It He continued,
"The new system also provides a safe and integrated information environment for financial management operations in a way that allows safe transmission of information between ministries and government departments, and secures an integrated environment in which information is available in a timely and accurate manner to all concerned parties regardless of their geographical locations."
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