Economy News _ Baghdad
The head of the Parliamentary Finance Committee, Atwan Al-Atwani, on Tuesday, called on the International Monetary Fund and the World Bank to provide the necessary support to Iraq in the areas of exchanging experiences and training national cadres, to develop the Iraqi banking system.
The media office of the Presidency of the Parliament said in a statement received by “Economy News”, that “the head of the Finance Committee, Atwan Al-Atwani, participated through a closed-circuit television, in the deliberative meeting of the International Monetary Fund on the financial and economic situation in Iraq.”
The office added that “Al-Atwani provided a briefing on the financial and economic situation and the provisions and programs included in the Triennial Budget Law (2023 _ 2025) in line with the government program to promote various sectors, activate the private sector, encourage investment and support investors, in order to achieve sustainable development.”
According to the statement, Al-Atwani stressed that “the adoption of the tripartite budget gave the government great comfort in terms of contracting, implementing projects and attracting foreign companies to implement major projects,” pointing out that “the Finance Committee, through monitoring spending, financing and implementing plans and programs, seeks integration between the legislative and executive authorities, because we want this government to succeed, especially as it is taking steady steps towards achieving the aspirations of the people.”
The head of the committee pointed out that “the national service government is serious about moving the wheel of the economy and development and has ambitious programs to promote various productive sectors and maximize non-oil revenues, to leave the state of excessive dependence on oil in the formation of the general budget.”
Al-Atwani called on the International Monetary Fund and the World Bank to “provide the necessary support to Iraq in the fields of exchanging experiences and training national cadres, to develop our banking system, especially as we are moving towards activating the digital financial transaction system, tax automation, customs and other service sectors that generate financial revenues for the country.”
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