prime Minister Mohammed Shia al-Sudani acquired these days, Tuesday, a delegation from the global auditing and financial consulting firm KPMG. the 2 discussed the organisation’s cooperation with the Iraqi banking sector, as a part of the government’s efforts to decorate the transparency of this quarter’s paintings and sustainably improve Iraq’s financial popularity.
Al-Sudani talked about for the duration of the meeting, consistent with a statement from his office, a copy of which become acquired via {dinaropinions.com}, that banking reform in Iraq has grow to be a version of dedication and agree with. He praised the role performed by way of financial auditing companies in consolidating governance and professionalism in this zone, stressing that the government perspectives a strategic partnership with those corporations as a way to decorate the credibility of Iraqi country establishments earlier than the worldwide economic and monetary community.
The top Minister stated, “Iraq is proceeding with the implementation of the government’s financial and banking reform plans, which has contributed to enhancing the financial score, increasing international partners’ self belief in Iraqi banks, and achieving massive progress in implementing compliance and anti-cash laundering requirements, in addition to moving to trendy digital reporting.”
He additionally talked about the significance of leveraging the organization’s know-how in restructuring authorities companies and improving their operational efficiency, public debt management troubles, and providing specialised technical and criminal consultations in drafting contracts for major strategic initiatives.
Al-Sudani affirmed the authorities’s help for the stairs taken with the aid of the critical financial institution of Iraq and the alternate financial institution of Iraq to retain technical coordination with KPMG to make certain the fast crowning glory of audit tasks, adherence to worldwide requirements, and the timetable for issuing the banks’ final accounts. He emphasised that the authorities considers transparency and financial responsibility to be a fundamental pillar in constructing a modern national economic system.
