Finance announces an international “achievement” for the first time


Editing date: 23/10/2020 16:57

[Follow-up_in]

The Minister of Finance, Ali Abdul-Amir Allawi, announced, on Thursday, that the white paper received absolute support from industrialized countries and international organizations for the first time, usually an achievement for the ministry.

The ministry said in a statement. Today, (October 22, 2020), the Minister of Finance said during his participation in Prime Minister Mustafa Al-Kazemi’s tour to a number of European countries, that “the white paper obtained absolute support from industrialized countries and international organizations for the first time,” indicating that “international support Welcoming the white paper is an achievement of the Finance Ministry. ”

Allawi added, “International organizations saw that Iraq faces daunting economic challenges that have been clouded by the Corona crisis and the drop in oil prices, and that the White Paper is an ambitious program for comprehensive economic reform, enhancing the growth of the private economy and protecting the most vulnerable groups.”

The minister pointed out, “The industrialized countries and international organizations announced their support for the Iraqi government’s vision of reform not only to ward off the current crises, but to create permanent economic opportunities for the Iraqi people that meet their aspirations.”

Earlier, the Finance Committee in the Iraqi Parliament announced its support for the white paper that aims to reform and activate the private sector and change the course of the national economy from the role of state control to the role of organization, law enforcement, attention to vulnerable groups and social welfare and work to introduce radical improvements to state management of the public financial system. To reduce the continuous waste of resources, it also seeks to restructure the banking sector and put in place scientific and real solutions to raise the production of the public sector, according to the text of the statement.

http://www.alliraqnews.com/modules/news/article.php?storyid=102672

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