Iraq and the United Nations sign an agreement to establish a fund to finance the "economic reform

by **Rocky** Mon 30 Jan 2017, 6:41 am

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Iraq and the United Nations sign an agreement to establish a fund to finance the "economic reform

by Rocky Mon 30 Jan 2017, 6:41 am

Iraq and the United Nations sign an agreement to establish a fund to finance the "economic reform"

Sunday January 29 2017 17:17

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/ Baghdad

Declared mission of the United Nations to help Iraq (UNAMI), Sunday, for the signing of Iraq and UNDP to the UN Convention on the organization in order to establish a fund to finance the "economic reform", pointing out that the Fund will employ the expertise to support the implementation of priority reform initiatives.

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[You must be registered and logged in to see this image.]The International Monetary Fund recognizes Iraq's second batch of the loan worth 617.8 million dollars
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[You must be registered and logged in to see this image.]Deputy confirms that the government is "unable" to promote the economy without resorting to invest
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She said UNAMI in a statement seen Alsumaria News it, "The United Nations Development Programme and the Office of the Prime Minister signed an agreement today in Baghdad to establish economic reform fund," indicating that "UNDP government will support through this fund to address the head of economic challenges and promote the reform agenda, with a focus on diversifying the economy and increase national income and improve national asset management. "

The statement quoted the deputy director of the Office of the Prime Minister Nawfal al-Hassan as saying that "the Government of Iraq appreciates the support of the United Nations Development Programme for the implementation of the reform agenda, announced by the Prime Minister as part of a series of measures taken by the government to boost the economy."

For his part, he said, the United Nations Development Programme in Iraq Mounir Tabet, said that "over the past years, weighed down by the big economic challenges the shoulders of Iraq, and increased burdens on the financial budget, affecting the livelihoods of thousands of people. Therefore, it provides the launch of economic reform fund opportunity to accelerate government reform plan. "

The statement pointed out that "the fund will employ the expertise to support the implementation of priority reform initiatives, under the leadership of the Prime Minister's Office."

It is noteworthy that Iraq is suffering from the economic crisis as a result of lower oil prices, which is a leading supplier of revenue for the country, while the government confirms its efforts to find suitable alternatives to address this problem.

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