World Bank to Ebadi: we will contribute to the financing of urgent projects liberated areas and to support reforms

by **Ponee** Fri Apr 17, 2015 11:09 am

Alsumaria News / Baghdad
confirmed the group of the World Bank Jim Yong Kim , on Friday, the full Bank of Iraq support in the face of economic and financial challenges, as pointed out that the bank will contribute to the financing of urgent projects related to the liberated areas, during a meeting with Prime Minister Haider al-Abadi . Ebadi said office said in a statement received Alsumaria News , a copy of which, "The Prime Minister received at his residence in Washington, World Bank Group President Jim Yong Kim, and discussed with him the economic and financial realities and challenges facing Iraqand the support of the World Bank and its contribution to the financing of a number of projects. "

He Kim, according to the statement, for "full bank support and attributed to Iraq and follow up personally to support Iraq in many sectors, pointing out that" the Bank will contribute to the financing of several projects in the electricity, water and infrastructure sectors. " He continued, Kim, that the bank would also contribute to the financing of "urgent projects relating to the liberated areas, will also support economic and financial reforms and confront Iraq to the challenges experienced by. "The Abadi stressed, in the (February 19, 2015), that the government is moving its proceedings reform of the Iraqi economy and support the private sector, as he pointed to the government's intention to activate pension system guarantees the rights of all Iraqis. It is noteworthy that global oil prices recently witnessed a significant decrease is the first of its kind in five years, resulting in damage to the economic situation in many countries, including Iraq.