Iraqi high Minister Mohammed S. Al-Sudani met with Ousmane Dione, global bank vice chairman for the middle East and North Africa, to talk about strengthening cooperation and advancing improvement projects in Iraq.
The discussions emphasised initiatives to diversify Iraq’s economic system, reduce oil dependency, and create employment opportunities, with a focus on private area growth.
The high Minister highlighted the authorities’s commitment to economic reforms, noting tangible development in customs and taxation. He acknowledged the world bank as a key partner in Iraq’s reform method and referenced the approval of a collaborative software among the Ministry of making plans and the sector financial institution.
The meeting also blanketed financing tasks to rehabilitate the old railway and support infrastructure improvement. Mr. Dione reiterated the sector bank’s commitment to funding oil, energy, and infrastructure tasks. The role of the worldwide Finance organization (IFC) in financing non-public area initiatives turned into additionally discussed.