A senior Treasury official has told Reuters that so far the Iraqis have been unable to trace loan agreements, particularly those made with Arab states that were originally claimed as grant aid.
E&Y, which recently said it plans to re-open its Baghdad office, will have the task of sorting out the country’s mix up between public and private debt largely without a paper trail.
Iraq, which is the world’s most indebted country per head of population, is waiting for an April presentation from the International Monetary Fund on its final debt figures, which will then form the basis for eventual debt reduction.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars