World Bank official to Ebadi: studying increasing investment in electricity and water
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    World Bank official to Ebadi: studying increasing investment in electricity and water

    World Bank official to Ebadi: studying increasing investment in electricity and water in Iraq


    History of edits:: 2016/5/19 20:31

    [Oan- Baghdad]


    Search Prime Minister Haider al-Abadi, in his office on Thursday, with the Executive Director of the World Bank for Iraq Mirza Hassan and his cooperation between Iraq and the World Bank and implemented projects in Iraq and his plans and projects for the next phase delegation.


    Abadi said in a statement his office received by all of Iraq [where] a copy of it, "the importance of supporting the private sector and the need to focus on projects the province of Basra."
    For his part, he pointed out Mirza Hassan that "Iraq's stability is important and we have a new strategy to increase cooperation with Iraq and support the private and soft loans sector, displaying their full support for the reforms carried out by Dr. Abadi that Iraq if it continues with this approach, it will surpass the crisis and evolve a lot."


    Mirza said that "the bank is considering increasing investment projects in electricity, water and other types of energy sectors."


    The International Monetary Fund and the World Bank has granted Iraq, according to the agreement to prepare the credit loan of $ 15 billion, in addition to a financial certification by the IMF gives him a chance to deal with all international banks with high confidence.


    An Iraqi government delegation senior headed by Finance Minister Hoshyar Zebari held talks since last Saturday in the Jordanian capital Amman with the International Monetary Fund in order to conclude the credit readiness will provide Iraq with financial support to enable it to overcome the financial crisis and reduce the gap in the budget so as to enhance the economic and financial system reform process of agreement in the country.
    Last edited by 1bobby; 05-19-2016 at 08:20 PM.



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