The United nations improvement Programme (UNDP) in Iraq and the Japan worldwide Cooperation business enterprise (JICA) Iraq workplace have renewed their longstanding partnership, reaffirming their dedication to supporting Iraq’s socio-financial development.
backed by investment from the government of Japan (GoJ) and JICA, this partnership builds on over 15 years of cooperation with the government of Iraq.
Key Highlights of the Partnership:
giant improvement help: Iraq has acquired 36 reliable improvement assistance (ODA) loans from the GoJ and JICA, amounting to almost USD 11 billion. This includes 34 venture-specific loans and development coverage loans aimed toward fostering inclusive boom and achieving sustainable improvement goals.
comprehensive guide: JICA combines improvement financing, technical knowledge, and capacity constructing to help Iraqi officers meet international requirements in venture control.
recognition regions: The partnership emphasizes enhancing residing situations, restoring vital infrastructure, and using sustainable socio-financial improvement throughout Iraq.
complete assertion from UNDP:
JICA and UNDP Renew Partnership to support Iraq’s Sustainable monetary growth and Infrastructure improvement
The United nations improvement Programme (UNDP) in Iraq and Japan worldwide Cooperation business enterprise (JICA) Iraq workplace have renewed their longstanding partnership to enhance Iraq’s socio-monetary development thru financing from the authorities of Japan (GoJ) and JICA.
This partnership, which has spanned over fifteen years of cooperation with the authorities of Iraq (GoI), reflects the robust commitment of UNDP and the GoJ/JICA to addressing Iraq’s need for efficient, strong, and reliable fundamental services and financial infrastructure. together, they’ve significantly contributed to Iraq’s human and financial growth, aligning with Iraq’s countrywide improvement plans and programmes focusing on financial diversification, infrastructure modernization, and advanced social services.
In aid of its reconstruction and improvement, Iraq has received 36 official development help (ODA) loans from the GoJ and JICA, totaling almost USD 11 billion. these include 34 vital sectors mission loans and a pair of development coverage loans. This development help is designed to assist Iraq in attaining its sustainable development dreams, with a focus on improving dwelling situations national and restoring infrastructure to foster inclusive growth.
“JICA remains dedicated to addressing the improvement demanding situations with the government of Iraq via this impactful partnership with UNDP. This partnership offers comprehensive guide for Iraqi officials to attain global standards in venture control, combining technical information, potential improvement, and improvement financing. All of that is aimed at improving livelihoods and selling sustainable development in the us of a,” said Hiroshi Suzuki [pictured], JICA Iraq chief representative.
With this renewed Partnership agreement, and in alignment with Iraq’s countrywide development Plan (NDP) 2024-2028, UNDP maintains to offer essential guide to the GoI to facilitate the clean implementation of crucial socio-financial projects financed by means of JICA’s ODA loans. This guide consists of senior-level coordination, fiduciary oversight, progress tracking, technical assistance, knowledge-sharing, and capability development. furthermore, via fostering transparency, duty, and adherence to worldwide requirements, the partnership ensures the a success shipping of those critical initiatives.
“This renewed partnership among UNDP and JICA highlights our shared commitment to assisting Iraq’s improvement goals, specializing in infrastructure improvement, and sustainable monetary and human capital growth. together, we purpose to facilitate the a success implementation of critical tasks so that it will not only rebuild Iraq’s infrastructure however additionally sell long-time period social and financial resilience, enhancing the lives of Iraqis throughout the u . s .,” said UNDP Iraq Resident consultant Auke Lootsma.
This particular and renewed partnership underscores the benefits of effective triangular cooperation in promoting prosperity, driving sustainable increase, and enhancing service delivery and infrastructure for a solid and thriving Iraq. It highlights the strong possession via the authorities of Iraq and serves as a model for impactful and sustainable partnerships which can make contributions to Iraq’s long-time period development
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