A new strategy to support the Iraqi private sector and soft loans


May 22, 2016 6:18
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He called on Prime Minister Haider al-Abadi, Thursday, World Bank to support the private sector and interest in projects the province of Basra, while the Executive Director of the Bank for Iraq Mirza Hassan revealed the "new strategy" to support the private and soft loans sector, pointing out that the World Bank is considering increasing investment projects in electricity, water and other types of energy sectors.

Ebadi said that the office "the Prime Minister received in his office today, Executive Director of the World Bank for Iraq Mirza Hassan and his accompanying delegation," noting that "During the meeting, they discussed cooperation between Iraq and the World Bank and the projects implemented by the bank in Iraq and his plans and projects for the next stage." .

The Abadi, according to the statement, "the importance of supporting the private sector and the need to focus on projects the province of Basra."

For his part, Hassan pointed out that "the stability of Iraq is important and we have a new strategy to increase cooperation with Iraq and support and soft loans of the private sector," expressing his "full support for the reforms carried out by al-Abadi and Iraq if he continued with this approach, it will surpass the crisis and evolve a lot."

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

The International Monetary Fund, World Bank and international partners agreed on Thursday (19 May 2016), to give Iraq a loan of $ 15 billion

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