Re: Kurdish Planning and the United Nations agree to establish a fund to finance economic reform in the region

by **Ponee** Fri Sep 30, 2016 10:54 am

Kurdish Planning and the United Nations agree to establish a fund to finance economic reform in the region Unk10

Agreement between the United Nations and the Ministry of the Kurdistan planning to finance reforms

UNDP announced on Wednesday the signing of an agreement with the Ministry of Planning in the Kurdistan Regional Government, to establish "economic reform fund," noting that the fund aims to provide international experience to support the "priority" initiatives in the reform plan implemented by the province, while confirmed KRG intention pursuit of the reform agenda, usually that international experiences a "most important" pre-conditions for success.

This came in a statement from the UN program, today, received a (long-Presse) a copy of it.

The statement quoted the Minister of the Kurdistan Planning Ali Sindi, saying that "the Kurdistan Regional Government is determined to pursue the reform agenda newly adopted, and international experiences of high-efficient and effective level one of the most important preconditions for the overall success" and expressed his "appreciation the government for the initiative presented by the United Nations Development Programme Development at an appropriate time, and looked forward to working with him. "

For his part, he said, the United Nations Development Programme in Iraq director, Mounir Tabet, "The Kurdistan region of Iraq is going through an economic crisis stifling, and the new plan to the Government of the region seek to change this reality," and expressed his pleasure for "the launch of 'economic reform fund as a way to assist the Territory on the economic recovery and return to the path of development. "

The UN program, "The fund provides expertise to initiatives aimed at transforming the Kurdistan region and diversify the economy, and to work closely with a wide range of local and international partners, including the World Bank, under the leadership of the Ministry of Planning in the Government of the Territory."

The planning minister in the Kurdistan Regional Government, said in (the thirtieth of May 2016), to start economic reforms with the help of the World Bank, noting that the roadmap reforms were the result of several years of work with the World Bank, UN agencies and international institutions and organizations, and was the result of 45 report The scientific study.

It is noteworthy that the Kurdistan region is suffering from a severe economic crisis as a result of the repercussions of the decline in world oil prices and the war against (Daesh).

09.29.2016

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