Economy 2023-08-07 | 09:55
Today, Monday, Finance Minister Taif Sami Muhammad chaired a meeting to discuss the requirements for designing and implementing the unified treasury system.
A statement from the ministry, received by Alsumaria News, stated that
the minister "chaired a meeting today, in the presence of the Director General of Accounting, the head and members of the committee supporting the application of the unified treasury account, representatives of government banks, representatives of the Office of Financial Supervision, the Central Bank of Iraq and the Iraqi Trade Bank, to discuss the requirements for designing and implementing the unified treasury system." The meeting discussed
"plans to reform the public finance sector through the application of the unified treasury account, which represents a qualitative leap in the management of public funds, as
the project will allow the possibility of monitoring the movement of funds and their safety." Sami stressed,
"The need to continue the ministry's efforts through the committees formed for the purpose of implementing the system to complete the steps of the project, which represents one of the pillars of developing the ministry's policy towards reforming the financial sector and the optimal implementation of the stages of the unified treasury account project."