Minister of Finance of the World Bank: We have made plans to accelerate the pace of financial and banking reforms, 3 APRIL

 Minister of Finance of the World Bank: We have made plans to accelerate the pace of financial and banking reforms

4/1/2024  Baghdad – INA

Finance Minister, Taif Sami, confirmed today, Monday, the development of plans to accelerate the pace of financial and banking reforms, while the World Bank indicated continued serious and fruitful cooperation with the Iraqi government.

The Ministry of Finance said in a statement received by the Iraqi News Agency (INA): “Minister of Finance, Taif Sami, received today the Regional Director for the Middle East at the World Bank, Jean-Christophe Carré, the Special Representative of the Bank in Iraq, Richard Abdel Nour, and a number of experts and specialists.”

She added, “During the meeting, priorities for development projects and ways to support the World Bank to strengthen the financial and business sectors and improve the investment environment were discussed,” noting, “It was emphasized that continued bilateral coordination to promote sustainable development was discussed, in addition to discussing the Bank’s support for the government program for economic reform in Iraq.” “.

The Minister of Finance referred to the Ministry’s efforts and plans towards accelerating the pace of financial and banking reforms in line with the Iraqi government’s vision aimed at consolidating the foundations of the national economy, creating economic balance, and correcting the course of financial policy in Iraq.

For his part, the bank representative pointed out “the continuation of serious and fruitful cooperation with the Iraqi government, in everything related to providing the necessary support in terms of expertise for development projects and reforms related to the financial and business sector.”   LINK