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World Bank: Baghdad has not requested a loan yet and they are ready to provide support


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 Baghdad: Hazem Muhammad Habib 
 
The World Bank confirmed its readiness to respond to any request submitted by the Iraqi government regarding loans, although it "has not requested a loan yet." economic crises. 
Noman said in an interview with “Al-Sabah”: “The World Bank is ready to help Iraq if the Iraqi government asks us to do so, as the government so far has its financial and economic plans, and that the World Bank is working with the Iraqi government on a new project to promote vaccines related to the Corona pandemic, This is what the government requested in this context, and it does not come within the portfolio owned by Iraq.” He added that “the Iraqi government has not yet requested a loan from the World Bank, and we have all the readiness and are open to direct dialogue and are ready at any moment to cooperate, being trusted partners with Iraq.” We are interested in supporting Iraq in the path of stability." 
With regard to the World Bank’s role in improving Iraq’s economy, Numan stated that “the Bank is working with the Government of Iraq to implement the reform provisions that it has drawn up, and we are working through all our projects to approach the economic crises that we have previously identified, and all the projects we undertake are part of supporting The reform white paper.
He pointed out that "Iraq has drawn up a policy to improve the country's economic reality by adhering to that reform paper approved by the Council of Ministers, and work has begun to implement its contents," and asked: "Are things going smoothly in this aspect? The answer is no, the crises are too many, as There is the importance of the political decision that pushes the reform process forward towards economic recovery, and by that we mean the process of consensus between the political parties at the level of the different authorities to make the reform successful.
The representative of the World Bank stated that “Iraq is still facing economic crises, including what the state inherited previously, and some of them at the present time as a result of low oil prices and the Corona pandemic, and all of them are crises that do not end in a day and a night, and the whole world is still suffering from the consequences of the Corona pandemic, so we do not expect The package of structural problems that Iraq has suffered can address them in a short time.” He added, “Therefore, we expect that the turnout for the elections and the ability to move forward towards a political authority capable of committing to a reform plan actually begins with rebuilding and addressing the existing gaps and problems.”
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The World Bank confirmed its readiness to respond to any request submitted by the Iraqi government regarding loans, although it "has not requested a loan yet."

A bank representative said in Baghdad Ramzi Nouman In a statement to the official newspaper, followed by Alsumaria News,Iraq Drawing a policy to improve the economic reality of the country by adhering to the reform white paper, but it is still facing economic crises.
 
 


Noman added, "The World Bank is ready to help Iraq If the Iraqi government asks us to do so, as the government so far has its financial and economic plans, and the World Bank is working with the Iraqi government on a new project to promote vaccines related to the pandemic. Corona And this is what the government requested in this context, and it does not come within the portfolio he owns Iraq".

He noted that" the Iraqi government did not ask yet a loan from the World Bank, and we have all up time and open direct dialogue and are ready at any moment to cooperate, being trusting partners with Iraq We care about support Iraq in the process of stability.



Regarding the role of the World Bank in improving the economy Iraq Noman stated that “the bank is working with the government of Iraq On the application of the reform items drawn, and we are working through all of our projects on the approach to the economic crises that have already Chksnaha, and all the projects we undertake are in the framework of the reform white paper support. "

He pointed out that"Iraq Drawing a policy to improve the economic reality of the country by adhering to that reform paper that he approved Council of Ministers Which work has begun to implement its contents.” He asked, “Are things going smoothly in this aspect? The answer is no, there are many crises, as there is the importance of the political decision that pushes the reform process forward towards economic recovery, and by that we mean the process of consensus between the political parties at the level of the different authorities to make the reform succeed.

The representative of the World Bank stated that “Iraq He is still facing economic crises, including what the state inherited previously, and some at the present time as a result of low oil prices and a pandemic Corona And all of them are crises that do not end in a day and night, and the whole world is still suffering from the consequences of a pandemic Corona, do not expect the package of structural problems suffered by Iraq He can address it in a short time," he added, adding, "Therefore, we expect that the turnout for the elections and the ability to move forward towards a political authority capable of committing to a reform plan actually begins with rebuilding and addressing the existing gaps and problems."

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World Bank: Iraq is still facing economic crisesزمات

 

Baghdad/

Today, Wednesday, the World Bank confirmed its readiness to respond to any request submitted by the Iraqi government regarding loans, while indicating that Iraq has drawn up a policy to improve the country's economic reality by adhering to the reform white paper, but it is still facing economic crises.

The representative of the Bank in Baghdad, Ramzi Noman, said in a press statement, “The World Bank is ready to help Iraq if the Iraqi government asks us to do so, as the government so far has its financial and economic plans, and that the World Bank is working with the Iraqi government on a new project to promote vaccines related to Corona pandemic, and this is what the government requested in this context, and it does not come within the portfolio owned by Iraq.”

He added, "The Iraqi government has not yet requested a loan from the World Bank, and we have all the readiness and are open for direct dialogue and are ready at any moment to cooperate, as we are trusted partners with Iraq, and we are interested in supporting Iraq in the path of stability."

With regard to the role of the World Bank in improving Iraq’s economy, Numan stated that “the Bank is working with the Government of Iraq to implement the reform items that it has drawn up, and we are working through all our projects to approach the economic crises that we have previously diagnosed, and all the projects we undertake are in the framework of supporting The reform white paper.

He pointed out that "Iraq has drawn up a policy to improve the economic reality of the country by adhering to that paper approved by the Council of Ministers, which work has begun to implement its contents," noting at the same time that "things in this aspect are not smooth, as the crises are very many, as there are The importance of the political decision that pushes the reform process forward towards economic recovery, and by that we mean the process of consensus between the political parties at the level of the different authorities to make the reform successful.

And the representative of the World Bank stated that “Iraq is still facing economic crises, including what the state inherited previously, and some of them at the present time as a result of low oil prices and the Corona pandemic, and all of them are crises that do not end in one day and one night, and the whole world is still suffering from the consequences of the Corona pandemic, so we do not expect The package of structural problems that Iraq has suffered can address them in a short time.”

He continued, "Therefore, we expect that the turnout for the elections and the ability to move forward towards a political authority capable of committing to a reform plan actually begins with rebuilding and addressing the existing gaps and problems."

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09 Jun 2021

Baghdad-ALSharqiya June 9: The World Bank confirmed that Iraq is still facing economic crises, although the government has drawn up a policy to improve the country's economic reality by adhering to the reform paper.

The representative of the World Bank in Baghdad, Ramzi Numan, said that the turnout for the elections and the ability to move forward towards a political authority capable of committing to a reform plan that actually begins with rebuilding and addressing the existing gaps and problems...

And about the bank's provision of a loan to Iraq, Numan confirmed that the World Bank is ready to help Iraq if the government asks us to do so 

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