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World Bank calls for Iraq to speed up the formation of his government


carlablum
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World Bank calls for Iraq to speed up the formation of his government to complete the joint venture

20/12/2010 19:56 20/12/2010 19:56

Cairo, December 20 (AKnews) - A director of the World Bank on Monday, Iraq to speed up the formation of his government to complete the joint projects between the two, start to start new projects are required in the country, stressing that Iraq is a high priority at the World Bank.

Said Mahmoud Mohi Eddin, following his meeting with Secretary General of the Arab League Amr Moussa in Cairo, in response to a question by the Kurdistan News Agency (Rn) on the role that could be played by the World Bank to support and rebuild Iraq, said that "there are a number of projects that already exist with Iraq to support the sectors special economic train cadres and technical support, so we await the formation of the new Iraqi government as soon as the payment is made in a number of vital projects especially those relating to infrastructure. "

Muhyiddin said that "the most important projects in Iraq are the ports, especially port of Faw and its associated development projects large and key projects in the areas of housing and construction and all areas of industry and agriculture modernization."

And on cooperation with the Arab League, particularly in the Arab Economic Summit to be held in Egypt in January 19 next, between Mohieddin "We have an initiative for the Arab States relating to infrastructure projects including road projects, and we have interesting lines of railway projects and electricity interconnection in addition to projects that facilitate the movement of trade and investment between the Arab countries. "

He added, "Among other things, raised also support small enterprises, has completed the Economic Summit held on the first in Kuwait and in coordination with the League of Arab States project set up a fund worth two billion dollars, and now, in which about one billion and $ 300 million World Bank has provided its expertise in this area."

Sarah Ali, the Open: Safaa Khalaf

http://translate.google.com/translate?hl=en&sl=ar&u=http://www.aknews.com/ar/aknews/4/204000&prev=/search%3Fq%3Dnahrain%26hl%3Den%26rlz%3D1T4RNTN_enUS354US354&rurl=translate.google.com

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Great Info. The future of Iraq depends on their ability to deliver oil to the world markets. The WB appears to be stressing the fact that their help in financing the distribution channels is dependent on Iraq stabilizing their government. WB is a great source to have on our side pushing Iraq.

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