Prime Minister Mohammed Shia Al-Sudani, on the sidelines of his participation in the Davos Economic Forum, met with the President of the World Bank Group {Ajay Banga}.
The meeting discussed, according to a statement from the Prime Minister’s Office, a copy of which received “the relations of cooperation between Iraq and the World Bank, in various economic fields, which contribute to supporting the government’s efforts and strategic plans, towards more investment and development opportunities in Iraq.”
He added, “The meeting also witnessed a review of the measures and steps taken by the government and the Central Bank of Iraq, in terms of financial and banking reform, and projects funded by the International Finance Corporation (IFC) were also discussed, foremost of which is the project to rehabilitate and develop Baghdad International Airport.”
The Prime Minister stressed “the importance of the World Bank’s reports realistically reflecting the policies of the new government implemented in the economic and banking sectors and supporting the private sector, which aim to diversify the economy, increase its growth and achieve financial stability, in light of the challenges faced by the region and the world.”
For his part, Panga praised the government’s measures in the field of modernizing and developing the banking sector, stressing his support for these measures, especially with regard to the implementation of the electronic payment system.