FRANK26: "CBI IS READY TO RELEASE THE NEW EXCHANGE RATE", 15 APRIL

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FRANK26:  "CBI IS READY TO RELEASE THE NEW EXCHANGE RATE"......F26

 

The World Bank announces its readiness to provide project financing facilities in Iraq

4/13/2025

 

- Baghdad

 

Prime Minister Mohammed Shia al-Sudani stressed on Sunday the importance of private sector projects receiving support from the World Bank.

The Prime Minister's media office said in a statement received by Al-Eqtisad News that "Prime Minister Mohammed Shia Al-Sudani received the World Bank's Vice President for the Middle East and North Africa Region, Ousmane Dione, and his accompanying delegation."

The World Bank delegation, according to the statement, reviewed "the projects under discussion with the ministries and relevant authorities in Iraq, in the railway, highway, and energy sectors, including the fixed gas platform in the port of Faw, and the Ministry of Electricity's plan for the coming years to expand electricity production, transmission
and distribution, and other infrastructure projects.
 
" The Prime Minister appreciated "the World Bank's efforts in supporting Iraq," stressing the importance of "private sector projects receiving support from the bank through the International Finance Corporation (IFC)." 
For his part, the head of the delegation expressed "the World Bank's readiness to stand with Iraq in its development renaissance in all fields, as well as its readiness to provide facilities in financing projects, including private sector projects."

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