Finance Minister: Iraq looks forward to WB support to implement national strategic goals

INA - BAGHDAD

Finance Minister, Taif Sami Muhammed affirmed on Wednesday, Iraq's aspiration to support the World Bank to implement the national strategic goals.

Muhammed received a delegation from the International Finance Corporation for the Middle East and Asia (IFC), affiliated with the World Bank Group, headed by the investment officer, Julie Kalos, and the resident representative of the institution in Iraq, Bilal Rabah, in the presence of the general manager of the Iraqi Fund for Foreign Development Brian Abdul Salam, according to a statement by the ministry, received by the Iraqi News Agency - INA. 

They discussed the importance of the role played by the International Finance Corporation alongside the Iraqi government in advancing sustainable development projects in Iraq, including supporting renewable energy projects and electrical interconnection with neighboring countries, as well as enhancing opportunities to involve the private sector alongside the public in implementing the reform national of economic strategy.

The minister stressed the importance of the studies and consultations provided by the International Finance Corporation in the field of capacity building and technical cooperation to achieve the goals of sustainable development, especially concerning environmental rehabilitation projects, the reconstruction of liberated cities and economic reform, stressing the keenness of the Ministry of Finance to enhance the work process and coordination with the International Finance Corporation to stimulate private sector growth and job creation in Iraq.

"Iraq is looking forward to more support from the World Bank Group to implement the national strategic goals, in addition to the structural reform programs adopted by the new Iraqi government. We call for strengthening cooperation and coordination between Iraq and the World Bank, expressing the necessary assistance to overcome the obstacles facing the institution's work in Iraq," included the statement.