By John Lee. Iraq's Ministry of Planning held the seventh meeting on Tuesday of the committee overseeing preparations for the Fourth Arab Summit for Entrepreneurship, which is due to be hosted in Iraq in November. According to the Ministry of Planning, the meeting was chaired by Deputy Minister of Planning for Technical Affairs Dr. Maher […]
By John Lee. A new supreme oversight body is to be established in Iraq to monitor government contracts and recover public funds, following a meeting chaired by Prime Minister Ali al-Zaidi on Saturday. The meeting was attended by the head of the Federal Board of Supreme Audit (FBSA), the head of the Federal Commission of […]
By John Lee. A committee has been established to audit the performance and operations of Iraqi Airways, following a directive from the Prime Minister. The committee, chaired by the Commission of Integrity, will include representatives from the Federal Board of Supreme Audit (FBSA) and the Prime Minister's Office monitoring department. Its mandate covers reviewing operational performance, […]
By John Lee. The Federal Integrity Commission has formally rejected claims that around IQD 2.5 trillion (approximately $1.9 billion) was withdrawn or lost from the Social Protection Fund's accounts, confirming that the full amount remains intact and under official control. The Commission said it formed an emergency investigation team immediately after widespread reports alleged the […]
By John Lee. An Iraqi government spokesman has said Iraq views recent US sanctions against Iraqi enities, including the Muhandis General Company [Sharakat al-Muhandis al-Amma], as "deeply regrettable," describing it as a unilateral action that contradicts the spirit of friendship and mutual respect between the two countries. Basim Alawadi added that the Prime Minister has […]
By John Lee. Iraq's Minister of Finance met with a delegation from the German Agency for International Cooperation (Deutsche Gesellschaft für Internationale Zusammenarbeit, GIZ), the European Union, and the German Embassy in Baghdad, alongside representatives from the Central Bank of Iraq (CBI), the Federal Integrity Commission, the Federal Board of Supreme Audit (FBSA), and the […]
By Dana Taib Menmy for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Federal Board of Supreme Audit exposes US$600 million corruption scandal involving 'ghost travellers' Over 151,000 Iraqi citizens acquired US currency at the official rate for travel but […]
