The World Bank praises the steadfastness of the Iraqi economy in the face of global fluctuations
Today, Monday (February 19, 2024), Director of the Financial Management Project at the World Bank, Winston Cole, praised the steadfastness of the Iraqi economy in the face of global fluctuations.
The media office of the Minister of Finance stated in a statement received by “Baghdad Today”, that “Minister of Finance, Taif Sami Muhammad, received today, Monday, Winston Cole, Director of the Financial Management Project at the World Bank, and members of the delegation accompanying him,” indicating that “during the meeting, aspects of relations between Iraq and the World Bank, especially in light of the existing cooperation program to complete the implementation of the economic reforms adopted by the Iraqi government.”
For her part, in this regard, the Minister of Finance expressed appreciation for the fruitful partnership between the two sides, stressing “the Iraqi government’s keenness to continue it, and the positive climate it provides for all investors and global financial markets regarding the Iraqi economy,” stressing at the same time “the Iraqi government’s determination to continue promoting reforms.” The structure related to financial and monetary policies and maximizing the role of the private sector in development.
For his part, Cole stressed “the World Bank’s aspiration to continue the distinguished cooperation relations with Iraq and its support for its economic reforms,” praising “the performance of the Iraqi economy and the flexibility and steadfastness it has shown in the face of the negative repercussions resulting from global economic fluctuations.”
He pointed out, "The bank continues to strengthen joint work with the Iraqi government to improve the overall indicators of the economy, deepen the participation of the private sector and complete the ongoing development work." link
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