The World Bank will open a center for the development of the private sector in Iraq
The World Bank will open a center for the development of the private sector in Iraq
04/09/2014 14:37
Baghdad – and babysit – opened the World Bank office in Iraq, “the center of the development of the private sector in Iraq,” which is believed, according to the management office that will support the private sector to go beyond its infancy difficult towards the implementation of the projects, while experts have questioned in the economy in his ability to move with the support of the private sector. said Representative Office The World Bank in Iraq and a member of the center of the development of the private sector, Mohammed al-Ani, in a press statement on the sidelines of the celebration starting center set up in the hotel Mansour Melia in Baghdad, said today the date for the start of the first conference center for private sector development, which serves as the announcement of the opening, noting that the nature center which was established by the World Bank in collaboration with the Office of Iraq, the Iraqi government is established platforms dialogue between the private sector and the public sector by explaining the clear picture of the needs of the private sector and the government’s capacity to meet them.
He said al-Ani: that the center despite the newly established but it represents large segments of the Iraqi private sector, but does not represent 100% of Iraqi private sector, expected to bring the center are positive steps towards the development of the Iraqi private sector, which is still below the level of ambition. Pointed Ani to be the center of the pop-up support operations in Iraq, the World Bank, who has worked since 2010 to support the private sector through various projects, small and medium as well as economic reforms to the Iraqi government.
Ani confirmed that the center does not have the financial resources to support the private sector now but in the future it is possible that there would be funds provided to support the private sector through the provision of loans to medium and small projects.
For his part, questioned the economic expert on behalf of Jamil Anton ability of the center on the development of the private sector, because the World Bank, the sponsor of the Centre for development of the private sector as long as the chosen “individuals and entities” unknown and professional implementation of projects of development to the private sector through funding and ignore the official and well-known for its support of the sector Special.
He Anton: that most World Bank projects ended in failure or have not achieved the desired step of fully implemented, so the establishment of such a center contains steps and strategies of the World Bank in the implementation of the projects will be unaccounted for or does not serve the private sector dramatically … p / i
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