WORLD BANK AND EU TO HELP IRAQ STRENGTHEN PUBLIC FINANCIAL MANAGEMENT OVERSIGHT
25.01.2021
Modern Diplomacy (25 January 2021)
The Government of Iraq, the World Bank Group, and the European Union signed today a grant agreement aimed at strengthening the Government of Iraq’s institutions and mechanisms of fiscal accountability and oversight at federal and sub-national levels.
The project titled “Strengthening Public Financial Management (PFM) Oversight and Accountability Institutions” will benefit from jointly implemented US$12.5 million and is part of a technical assistance grant program signed back in September 2018 with the European Union to strengthen public financial management (PFM) oversight and increase the efficiency of public service delivery.
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