PM's Adviser reviews the transition to balancing programs

politics
  • 17-08-2023, 17:50
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    Baghdad-INA 

    The Advisor to the Prime Minister for Financial Affairs, Mudhar Muhammad Salih, reviewed the path of transforming the federal public finance into a program budget.

    Salih told the Iraqi News Agency (INA): "There is a permanent supreme committee that includes senior financial experts and accountants in the country that undertakes planning for the transition to balancing programs and performance and holds its meetings periodically, as it issues its recommendations to turn into instructions and directives through the General Secretariat of the Council of Ministers and informs the various ministries and departments." All from time to time with transformation procedures.
    And he indicated, "The last of these procedures was the directive to subject special programs in the federal budget for three years to mechanisms for balancing programs and performance, as well as grouping investment projects according to their patterns to be within the program and performance budget as well, and according to the type of projects and their sectoral associations, such as health, agricultural, industrial, and others.".

    Salih added, "Work is currently taking place on a regular basis for the gradual shift from balancing items to balancing programs due to the importance of preparing qualified human capabilities that will undertake the tasks of transformation and managing budgets on modern bases in their relevant ministries and departments, especially that work is underway in the field of developing the technical and knowledge infrastructure.".

    He explained, "In the forefront of that is the qualification of accountants, who are costly in sufficient numbers in all spending units and other rules of accounting, auditing, control and evaluation, which require training and qualification programs for workers in the financial field in ministries at different levels and stages, as the task of qualifying government cadres today is undertaken by the financial and accounting center in the Ministry." Finance within the scope of technical cooperation with the United Nations Development Program.