Newly appointed Iraq Central Bank Governor to address MEIDC

Dr. Sinan Mohammed Rida Al-Shabibi, the newly appointed Governor of the Central Bank of Iraq, will speak at the Middle East Infrastructure Development Congress (MEIDC) that opens tomorrow (21 September 2003) at the Moevenpick Hotel, Dubai.

The infrastructure congress, held under the patronage of HH Sheikh Hamdan Bin Rashid Al Maktoum, is the only official conference being held in conjunction with the Dubai 2003 IMF and World Bank Summits.

Dr. Al-Shabibi will be speaking during the Country Stakeholder Roundtable session on Iraq, along with Dr. Fadhil Chalabi, Executive Director, Centre for Global Energy Studies. With estimates of the costs of rebuilding Iraq ranging from US$100 to 600 billion this is expected to be a central topic of the MEIDC and World Bank and IMF summits.

Al-Shabibi was named Iraq’s first Central Bank Governor since the ousting of Saddam Hussein’s government five months ago by the U.S.-appointed Governing Council on 10 September 2003 in Baghdad.

An economist, Al-Shabibi holds a master’s degree in economics from Manchester University and a Ph.D., also in economics, from Bristol University. He worked in Iraq’s planning ministry until 1980 when he joined the U.N. Conference on Trade and Development (UNCTAD).