Iraq’s Ministry of Finance held discussions with a World Bank delegation on financial reform efforts, automation projects and the development of modern financial management tools.
The delegation was led by Dalia Khalifa, the World Bank’s Regional Director for the Middle East, and Emmanuel Salinas, the Bank’s Country Director for Iraq. During the meeting, Finance Minister Faleh Sari emphasized that the ministry is continuing to implement automation projects and move them into practical operation.
He explained that these projects are intended to improve administrative procedures, enhance the efficiency of managing financial resources and data, and strengthen oversight and transparency across financial institutions.
The discussions also covered ongoing cooperation between the Ministry of Finance and the World Bank in supporting reform programs and developing Iraq’s financial sector.
World Bank representatives noted increasing interest from major international companies in investing and operating in the Iraqi market. They also reaffirmed the Bank’s commitment to continuing cooperation with the ministry and supporting joint projects aimed at improving financial management and economic development.
The meeting reflects ongoing efforts by Iraq to modernize its financial systems, improve governance and create a more attractive environment for investment and economic growth.
