Al-Kazemi stresses the importance of developing cooperation with the World Bank

Prime Minister Mustafa Al-Kadhimi during his meeting with World Bank Group President David Malpass and his accompanying delegation.
 
07/28/2021

Economy News - Baghdad

Prime Minister Mustafa Al-Kazemi stressed the importance of developing cooperation with the World Bank.

The media office of the Prime Minister stated in a statement seen by "Al-Iqtisad News", that "Prime Minister Mustafa Al-Kazemi met (yesterday) at his residence in the American capital, Washington, the President of the World Bank Group David Malpass and his accompanying delegation, and during the meeting, joint cooperation was discussed. In various fields, supporting the Iraqi government’s efforts in administrative reform and combating corruption, supporting capacity building for Iraqi institutions, public sector reform, and banking sector reform efforts.

He added, "They also discussed cooperation with regard to financing infrastructure projects in Iraq, in the areas of water, airports, and natural gas. They also discussed clean energy projects, especially solar energy to generate electric power."

The Prime Minister stressed, according to the statement, "the importance of developing cooperation with the World Bank and ways to develop it, and urged the rapid disbursement of more than one billion dollars, available as loans to the World Bank, to support the government in projects ready for implementation inside Iraq."

And the statement continued, "Al-Kazemi discussed with the head of the World Bank Group, supporting the Iraqi government's plans in housing projects, and encouraging investments in this sector by American companies, and other companies."

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