World Bank, IMF to have an advisory role in regards to Iraq’s economy and foreign investment support

World Bank and the International Monetary Fund shall conclude a cooperation consultant with Iraq

2012-05-25

Baghdad/JD/…The parliamentary Finance Committee showed that cooperation between the Iraqi Central Bank and only consultant without a faith to support the latest financial loans.

He said the Commission’s decision and the Iraqi list MP Ahmed got l/JD/”the cooperation between the World Bank and the International Monetary Fund with the Iraqi Finance Ministry and Central Bank investment consultant only in respect and cooperation is with the financial support of Iraq”.

He got “that all companies that come to invest in Iraq starting going to consult the Bank and the Fund on the Iraqi economy”, stating “the answer was definitely negative affect foreign investment process in Iraq.”

“The World Bank be cycle consultant in the preparation of westratiget balance Iraq.

Alternative Translation: Bank and the IMF advisory Lieberman cooperated with Iraq

25/05/2012

BAGHDAD / JD / .. Parliamentary Finance Committee showed that the cooperation between the World Bank and the Iraqi Central Advisory only, without that there is an intention to support the recent financial loans.

The decision of the Committee and the representative of the Iraqi List, Ahmed electrodes for / JD / “The cooperation that took place between the Bank and the IMF with the Iraqi Ministry of Finance and the Central Bank consultant only with regard to investment and there was no cooperation is financial support for Iraq.”

The electrodes that “all companies that come to invest in Iraq as directed to consult the Bank and the IMF for the Iraqi economy,” noting, “the answer was definitely negative influence on the process of foreign investment in Iraq.”

“He emphasized that the World Bank have an advisory role in setting strategy and budget for Iraq.

dananernews.com