PM Discusses Areas Of Cooperation With The International Finance Corporation Delegation

Baghdad / NINA /- Prime Minister Muhammad Shiaa Al-Sudani discussed with the International Finance Corporation (IFC) delegation, headed by the institution’s Vice President for Middle East Affairs, Hala Sheikh Rouho, areas of cooperation with the IFC delegation.

The Prime Minister’s media office stated: “The meeting reviewed the areas and prospects of cooperation between Iraq and the IFC, which is one of the institutions of the World Bank, stressing that the government will continue with economic reforms and measures to improve the investment environment, as well as implementing projects that contribute to increasing the gross domestic product and supporting non-oil sectors and empowering the private sector.”

Al-Sudani called on the IFC to open a training institute in Iraq, specializing in developing banking work and preparing economic models for projects, and supporting the trends of the Iraqi private sector in the cement and construction materials industry, with increasing demand following the progress of new city projects, as well as developing the capabilities of the General Company for Carbon Economics, Which Iraq is working to establish.

Al-Sudani stressed the importance of supporting projects associated with the Development Road Project, as well as completing the discussion of plans prepared for the rehabilitation of Baghdad International Airport, which are sponsored by the IFC.

For her part, Hala Ruho stressed the IFC’s readiness to cooperate with Iraq in all fields, and appreciated the government’s role in expanding reforms and adopting a path that contributes to reducing carbon emissions, noting the continuation of work to complete plans to rehabilitate and expand Baghdad International Airport, support sustainable development and enhance the growth of various economic sectors./ End