The US Mission in Iraq inaugurated the Academy for Financial and Banking Training in Erbil City. In a statement, the US embassy in Iraq, mentioned, “Inauguration of this academy has been done through cooperation and partnership among the USAID, German Association for International Cooperation GIZ and the German Development Organization ADG.”
The inauguration ceremony of the new academy was attended by the representative of the USAID, Dana Stinson, Deputy Minister of Finance in Kurdistan Regional Government, Rashid Tahir, as well as the representatives of the GIZ and the ADG.
The statement also added, “The new academy will support the efforts exerted by the Iraqi Government to improve the performance and capacities of the Iraqi financial and banking sectors to develop the economy of the Iraqi private sector.”
USAID and its German partners will provide technical support for the Academy via catering international trainers and developed curriculum to guarantee applying international standards in the academy which is expected to receive more than 200 trainees in 2013.