Prime Minister: World Bank is an important partner in reform processes

Prime Minister: World Bank is an important partner in reform processes

01/29/2025

Prime Minister - World Bank is an important partner in reform processesPrime Minister Mohammed Shia al-Sudani considered the World Bank an important partner in the reform process.

This came during his reception yesterday, Tuesday, of the World Bank Vice President for the Middle East and North Africa, Osman Dione.

According to a statement issued by his media office received by “Al-Sabah”, “during the meeting, ways of cooperation between Iraq and the World Bank were discussed, as well as the progress of development projects.”

The Prime Minister pointed out that “development projects that aim to maximize the non-oil economy and contribute to job creation are a priority for government attention,” stressing “continuing 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 manner.”

The meeting witnessed discussions on financing the old railway rehabilitation project, and financing a number of other development projects, as Dayon pledged to finance a number of oil, energy and other infrastructure projects, and the contribution of the International Finance Corporation (IFC) in financing a number of private sector projects was also discussed.

alsabaah.iq