Iraq, IFC discuss significant investment barriers
Baghdad (IraqiNews.com) – The Iraqi Minister of Finance, Taif Sami, and the International Finance Corporation’s (IFC) regional Vice President for the Middle East, Central Asia, Turkey, Afghanistan, and Pakistan, Hela Cheikhrouhou, discussed recently strategies to address the major challenges to investment in Iraq.
The two sides met on the sidelines of their participation in the 2025 Spring Meetings of the World Bank and the International Monetary Fund (IMF) taking place from April 21 to 26, according to a statement released by the Iraqi Finance Ministry.
Sami and Cheikhrouhou discussed the most significant initiatives in the energy and transportation sectors, as well as international trade finance that the IFC is overseeing in Iraq.
Additionally, Sami explained that the IFC can finance projects of the Iraq Development Fund, which aims to build sustainable economic and social development, develop Iraq’s non-oil economic resources, and address economic, social, and environmental crises.
Cheikhrouhou placed a strong emphasis on assisting Iraq’s industrial and agricultural sectors as well as its private sector and its initiatives.
https://www.iraqinews.com/iraq/iraq-ifc-discuss-significant-investment-barriers/