Baghdad:The World Bank has reiterated its support for the Iraqi Ministry of Finance’s initiatives aimed at modernizing public administration. The focus of recent discussions was on fulfilling the requirements necessary to transition to a Program and Performance-Based Budgeting system.

According to Iraqi News Agency, Deputy Minister of Finance Abdul Hassan Jamal met with a World Bank team to discuss the key requirements for implementing this new budgeting system. The meeting, which included Directors General of the Public Debt and Information Technology Departments and the ministerial team assigned to the project, addressed the steps necessary to complete the implementation stages.

Jamal emphasized the need to finalize legal and organizational procedures, assess costs, and identify spending units. These efforts are part of broader financial and administrative reform measures designed to unify the positions of relevant authorities regarding implementation mechanisms.

The World Bank team expressed its continued support for these developments in public financial management, underscoring the importance of automating financial processes. This automation is seen as crucial for enhancing procedural efficiency and modernizing the financial work system.