Kurdistan Regional Government
TUE, 16 JAN 2018 22:17 Erbil, GMT +3

The KRG engages PwC as advisers on government finance

THU, 6 NOV 2008 13:06 | KRG Cabinet

Washington DC, USA (KRG.org) – The Kurdistan Regional Government (KRG) today signed an agreement in Washington under which PricewaterhouseCoopers (PwC) will become its advisers. As part of Prime Minister Nechirvan Barzani's new emphasis on efficiency, transparency and good governance, PwC will assist the KRG in evaluating systems and procedures which can bring greater openness and efficiency in delivering government services to the people. Mr Hogir Shalli, Deputy Head of the Department of Foreign Relations, signed the agreement.

"PricewaterhouseCoopers are world leaders in this area and they have assembled a first rate team of international professionals who will work with us to help make our government more transparent, more accountable, and improve the quality of governmental services," said Mr Shalli in Washington. "We are excited to begin this project and look forward to cooperating with PwC to bring new systems in the areas of procurement, budget and financial reporting, which will improve KRG planning and the execution of basic governmental operations and services."

The agreement with PwC follows a series of initiatives, led by Prime Minister Barzani and Deputy Prime Minister Omer Fattah, to create greater transparency and efficiency within KRG ministries. In the past two months several new committees have been at work to examine government programmes and operations and to address the issue of corruption in the public and private sector.

Mr Shalli added, "PwC will work closely with these committees and the KRG Council of Ministers to ensure that government funds are being honestly spent to improve the lives of our citizens. This is an obligation of our government, and the Prime Minister has been very clear that he wants to see improvement in these areas. This agreement with PwC is a vital part of that reform process."