Expert: Convention on the terms of reference agreement with the U.S. Treasury Department will support the financial sector of the country

06-04-2013

Baghdad (news) .. Financial expert said Osama al-Anbari, that the implementation of the Convention 'terms of reference' signed between the Iraqi Ministry of Finance and the U.S. Treasury Department will have a positive role to the development of the financial sector in the country, through the use of sophisticated devices specializing in financial systems.

Anbari said (of the Agency news): The Convention on the checklist will provide technical support, logistical and administrative support to the Ministry of Finance to facilitate their work through the use of more sophisticated systems from which to dispense with paper manual labor in the ministry, according to the provisions of the Convention.

He added: that the development of the financial sector is important and necessary for the country to boost the economy forward, calling for the implementation of the fact that the United States is one of the most developed countries in the world in all areas, including financial.

He explained: that the Iraqi Ministry of Finance signed an agreement with the terms of reference and the U.S. Treasury Department earlier this year for the development of bilateral cooperation between the two countries.

And Technical Assistance Office intends to visit Iraq by U.S. during the next few steps to follow up the application of the agreement concluded between the two countries. / End / 8. D. O /

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