Al-Atwani stresses the importance of cooperation with the World Bank to implement development projects

Economy
  • 24-08-2023, 01:46
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    Baghdad-INA 
    The head of the Parliamentary Finance Committee, Atwan Al-Atwani, stressed the importance of cooperation with the World Bank to implement development projects.
     
     
    A statement by the media office of the Chairman of the Finance Committee, received by the Iraqi News Agency (INA), stated that "the Chairman of the Parliamentary Finance Committee, Representative Atwan Al-Atwani, received today, Wednesday, at the committee's headquarters, the Vice President of the World Bank for Middle East Affairs, Farid Belhaj, and his accompanying delegation, who is currently visiting the country, and during the meeting a general assessment of the Iraqi economic situation and ways to carry out the required reforms to strengthen the structure of the economy, in line with our approach in the Finance Committee to develop a road map to maximize financial revenues and control public spending by automating financial systems and following the digitization system and making the most of taxes.
     Al-Atwani told the World Bank delegation, according to the statement, that "Iraq possesses large economic resources and opportunities available to achieve sustainable development and economic integration that require skilled management that works to activate productive sectors and increase non-oil revenues through which our internal economy can gradually recover," stressing the importance cooperate with the World Bank to implement development projects that achieve economic benefit and enhance the role of the private sector, in a manner that ensures non-reliance on imports and reduces demand for foreign currency.