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The World Bank Is Ready To Help Iraq Build A Roadmap To Expand The Use Of Clean Energy

05/20/2022
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Earth News/ The World Bank expressed, today, Friday, its readiness to assist Iraq in building a roadmap to expand the use of clean energy
A statement by the Central Bank of Iraq, received by Earth News, stated, "The Governor of the Bank, Mustafa Ghaleb Mukhif, participated in the closing meeting of the World Bank's mission to enhance support for the Iraqi financial sector reforms program, which was held in Amman on Friday, May 20, 2022, at the head of a high-level delegation from The Central Bank and representatives of the Ministry of Finance.
The statement added, “The mission reviewed the cooperation and support programs provided by the World Bank to the Central Bank and the Ministry of Finance with the aim of reforming the financial sector and enhancing its role in financing economic development. Money and the financing of terrorism.
The statement stated that "it was agreed to continue joint cooperation between the aforementioned entities to increase the financial depth. The importance of green finance in the face of climate change was also emphasized.
He added, "The World Bank has expressed its willingness to assist the relevant Iraqi authorities in building a road map to expand the use of clean energy," stressing the importance of the Central Bank of Iraq's initiative to support the financing of solar energy systems with an amount of one trillion dinars.
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The World Bank announces its readiness to support Iraq to expand the use of clean energy

 
 
 
news source /first news agency
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News source / First News Agency

 

 Today, Friday, the World Bank announced its readiness to support Iraq by expanding the use of clean energy.

And the Central Bank of Iraq said in a statement received by (Al-Oula News), that “the Governor of the Central Bank, Mustafa Ghaleb Mukhif, participated in the closing meeting of the World Bank's mission to enhance support for the Iraqi sector The reforms program, which was held in Amman on Friday, May 20, 2022, at the head of a high-ranking delegation. The level is from the Central Bank and representatives of the Ministry of Finance. 

The statement added, "The mission reviewed the cooperation and support programs provided by the World Bank to the Central Bank and the Ministry of Finance with the aim of reforming the financial sector and enhancing its role in financing economic development." 

He pointed out that "the mission focused on government bank reform methodologies, capacity building, support for the payments system, digital financial services, financial infrastructure, and measures to combat money laundering and terrorist financing." 

He added, "It was agreed to continue joint cooperation between the above-mentioned parties to increase the financial depth, and the importance of green finance in the face of climate changes was also emphasized," noting that "the World Bank expressed its willingness to assist the relevant Iraqi authorities in building a road map to expand the use of clean energy, stressing "the importance of the initiative of the Central Bank of Iraq in supporting the financing of solar energy systems with an amount of one trillion dinars."

https://iraqakhbar-com.translate.goog/3591273?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en

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The Governor of the Central Bank of Iraq participates in the closing meeting of the World Bank mission

5/20/2022

محافظ البنك المركزي العراقي يشارك في الاجتماع الختامي لبعثة البنك الدولي 

 

The Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhif, participated in the closing meeting of the World Bank mission to enhance support for the Iraqi financial sector reforms program, which was held in Amman on Friday, May 20, 2022, at the head of a high-level delegation from the Central Bank and representatives of the Ministry of Finance. The mission reviewed the cooperation and support programs provided by the World Bank to the Central Bank and the Ministry of Finance with the aim of reforming the financial sector and enhancing its role in financing economic development. The mission focused on methodologies for government bank reform, capacity building, payment system support, digital financial services, financial infrastructure, and measures to combat money laundering and terrorist financing. . It was agreed to continue joint cooperation between the above-mentioned entities to increase financial depth. The importance of green finance in the face of climate change was also emphasized, and the World Bank expressed its willingness to assist the relevant Iraqi authorities in building a roadmap for expanding the use of clean energy, stressing the importance of the Central Bank of Iraq's initiative to support financing solar energy systems with an amount of one trillion dinars.


Central Bank of Iraq
information Office
20 May 2020

 

 

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  • Time: 05/20/2022 18:51:02
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World Bank: We are ready to support Iraq by expanding the use of clean energy
  
{Economic: Al Furat News} The World Bank announced today, Friday, its readiness to support Iraq by expanding the use of clean energy.

The Central Bank of Iraq said in a statement, "The importance of green finance in the face of climate change was emphasized."

He pointed out that the World Bank "expressed its willingness to assist the relevant Iraqi authorities in building a roadmap to expand the use of clean energy, stressing the importance of the initiative of the Central Bank of Iraq to support the financing of solar energy systems with an amount of one trillion dinars."

He pointed out that "the mission focused on government bank reform methodologies, capacity building, support for the payments system, digital financial services, financial infrastructure, and measures to combat money laundering and terrorist financing."

The statement added, "The mission reviewed the cooperation and support programs provided by the World Bank to the Central Bank and the Ministry of Finance with the aim of reforming the financial sector and enhancing its role in financing economic development."

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