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Found 1 result

  1. The World Bank is ready to work with Iraq to implement reforms The first 2023/02/01 Baghdad: Omar Abdul Latif The World Bank has expressed its willingness to work with the Iraqi government to implement investment and reform projects that require large financial resources. “There is more than one way to implement the climate and development report,” Salim Rouhana, the bank’s sustainable development program official, told Al-Sabah. ability to complete it. Rouhana added, "The second method is financing, part of which is public, and the other part is private, given that the bank is interested in these sectors to create the political and financing structure, in order to stimulate going to projects in energy, specifically alternative and renewable," noting that "the third method is in the process of Reform is the shift from the immediate and short-term vision to the medium and long-term that requires some security and political stability and the creation of administrations that can complete the work on these projects and implement the vision and direction even within the frameworks of changing governments and policies, and this matter is important, as there must be a kind of continuity In governance to implement medium and long-term projects. And the regional official in Iraq added, "The World Bank will have a technical and intellectual support role, and it is preparing for the government's request to support investment and reform projects and many tools that we can work with, which require large financial resources and create an environment for the private sector, investment and a lot of knowledge and technologies." And modern ideas through which the World Bank can attract expertise that implemented these projects in other countries. Edited by: Ali Abdel-Khalek
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