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Tag: The World Bank

Iraq is looking to establish Joint Economic Business with the World Bank

Iraq is looking to establish Joint Economic Business with the World Bank

On Wednesday, the Iraqi Prime Minister Adel Abdul Mahdi met with the World Bank to establish joint economic work. The media office of Abdul Mahdi issued a statement that Iraqi Prime Minister met with the regional director for the Middle East of the World Bank, Saroj Kumar, and his delegation. Abdul Mahdi discussed the vision of the Iraqi government for the future of the Iraqi economy and plans to promote non-oil producing sectors and diversify sources of income and ways…

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The World Bank and Iraq signed an Agreement to empower Electricity Sector

The World Bank and Iraq signed an Agreement to empower Electricity Sector

The World Bank and Iraq have signed a loan agreement worth 200 million U.S dollars. The amount is dedicated to developing the electricity sector in the southern provinces of Iraq. The Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein signed an MOU (memorandum of understanding) with the representative of the World Bank. Fuad Hussein is in charge of the government’s program to empower the relationship between Iraq and international society, and to get benefit from the…

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Iraq discussed Reconstruction and Economic Development support with the World Bank

Iraq discussed Reconstruction and Economic Development support with the World Bank

The Iraqi Finance Minister Fuad Hussein plans to discuss future cooperation between Iraq and the World Bank according to the priorities and needs of the Iraqi government. The finance minister arrived in Washington and discussed with the President of World Bank Group, David Malabar. The ministry of finance issued a statement that they discussed the role of the Bank in supporting the plans of Iraqi government human development, sustained economic growth, reconstruction of a post-Saddam Iraq, as well as an…

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A New MOU signed between Iraq and the World Bank

A New MOU signed between Iraq and the World Bank

On Wednesday, the Iraqi Minister of Planning, Dr. Nouri Sabah al-Dulaimi has signed an MOU (memorandum of understanding) on behalf of the Iraqi government with the World Bank. The new MOU will support the efforts to restore stability and reconstruction in the Iraqi liberated areas, signed by the World Bank Director of Sarig Kumar Jah. The ministry of planning issued a statement that the signed MOU will contribute to support and increase the quality of infrastructure projects funded by the…

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