World Bank: Iraq is witnessing a strong recovery

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World Bank Iraq is witnessing a strong recovery

On this Monday, the World Bank has confirmed that Iraq is experiencing a remarkable recovery after years of upheaval.

According to Jean-Christophe Carré, the Regional Director of the Middle East Department at the World Bank, Iraq is experiencing a significant period of growth following years of instability. This statement was made in an official statement.

Carré emphasized the importance of taking steps to speed up the process of diversifying economic activity. He highlighted the need for reforms in the banking sector and improvements in digital financial services to promote financial intermediation activities and financial inclusion.