Finance Minister to World Bank Representative: We are proceeding with the implementation of financial and economic reform programs.
World BankDuring his meeting with the World Bank representative to Iraq, Emmanuel Salinas Munoz, Finance Minister Faleh Al-Sari affirmed the ministry’s commitment to implementing financial and economic reform programs, in line with the government program’s priorities and to enhance the efficiency of public resource management.
Al-Sari indicated, according to a statement from the Ministry of Finance, a copy of which was received by Al-Furat News, that “the Ministry is determined during the next stage to adopt reform paths based on developing the financial and banking environment, expanding the application of electronic systems in the tax and customs sectors, in addition to supporting non-oil revenues and simplifying procedures in a way that contributes to improving institutional performance and stimulating economic activity.”
The two sides reviewed mechanisms for enhancing technical and institutional cooperation with the World Bank to support development and infrastructure projects, empower the private sector, and benefit from international expertise in implementing reforms.
For his part, Salinas Muñoz affirmed the bank’s continued support for the reform programs implemented by the Iraqi government, which contribute to strengthening economic development and raising the efficiency of financial institutions.
Alforatnews.iq