Finance Minister receives Regional Director of the World Bank

Finance Minister Hoshyar Zebari received this evening Day 4 Tcheran Alaol 2014 Mr. Farid Belhaj Regional Director of the World Bank for the Middle East and North Africa accompanied by Mr. Robert presence of the Special Representative in Iraq. During the meeting, they discussed the evolving relations between Iraq and the World Bank and the means by which the Bank can financial and technical assistance to Iraq Bmayshl overcome the financial crisis afflicting the time being.

The Minister stressed Iraq's desire to take advantage of the mechanism of development policy loan to support the budget in order to narrow the financial gap as well as to finance some of the investment projects during 2015.

In this context it has been considered in the work of the annual meetings of the International Monetary Fund and the World Bank to be held in Lima / Peru in the coming days and take advantage of this opportunity to hold several bilateral meetings on the sidelines of the Fund and World Bank meeting for the purpose of providing financial support for Iraq through the frameworks and mechanisms available in both table the two institutions.