Iraq informs the World Bank: We are proceeding with automation projects and strengthening oversight of financial institutions.
Iraq informs the World Bank: We are proceeding with automation projects and strengthening oversight of financial institutions.
9-17-2026
Baghdad-Mail
Finance Minister Faleh Sari confirmed to a World Bank delegation on Thursday that the ministry is proceeding with the implementation of automation projects and moving them to practical steps .
The ministry said in a statement received by Mail that “the Minister of Finance, Falih Sari, received a delegation from the World Bank headed by the Regional Director for the Middle East, Dalia Khalifa, and the Director of the Bank’s mission in Iraq, Emmanuel Salinas, to discuss financial reform files, the development of financial management tools, and automation projects that the ministry is working to implement.”
The minister affirmed, according to the statement, that “the ministry is proceeding with the implementation of automation projects and moving them to practical steps, which will contribute to developing work procedures, raising the efficiency of resource and data management, and enhancing oversight and transparency in financial institutions.”
He pointed to “the importance of the World Bank’s role in supporting the automation project and benefiting from its technical expertise in developing financial systems,” indicating that “cooperation with the bank includes a number of vital sectors related to financial and economic reform .”
For their part, representatives of the World Bank praised “the measures taken by the Ministry of Finance in developing the financial and banking sector,” stressing “the Bank’s commitment to continuing cooperation with the Ministry to ensure the success of joint projects in Iraq, noting the growing interest of major international companies in the Iraqi market.”
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