Prime Minister discusses development projects and maximizing non-oil economy with World Bank
Prime Minister discusses development projects and maximizing non-oil economy with World Bank
2025-01-28
Prime Minister Mohammed Shia Al-Sudani met today, Tuesday, with the World Bank Vice President for the Middle East and North Africa, Osman Dayon, where they discussed ways of cooperation between Iraq and the World Bank, and the progress of development projects in Iraq. Al-Sudani indicated, according to a statement from his office, that “development projects that aim to maximize the non-oil economy and contribute to job creation, receive priority in government attention, stressing the continuation of economic reforms that support the private sector, and that the World Bank is called upon to enhance this experience.”
He explained that “the government considers the World Bank an important partner in the reform process, and that the Ministerial Council for the Economy has approved the program that was approved by the Ministry of Planning in cooperation with the World Bank, especially since the results of the reform steps in the customs and tax fields have begun to appear in a tangible and positive way.”
The meeting also included “discussing financing the old railway rehabilitation project, and financing a number of other development projects, as Mr. Dayon pledged the bank’s financing of a number of oil, energy and other infrastructure projects. The International Finance Corporation’s contribution to financing a number of private sector projects was also discussed.”
burathanews.com
