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World Bank: It is time to close the development gap in Iraq
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Economy News-Baghdad
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Added 01/11/2023 - 10:46 AM
Updated 01/11/2023 - 2:06 PM
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Economy News-Baghdad
The World Bank confirmed, on Wednesday, that the time has come to close the development gap in Iraq and create a society that addresses the problems and consequences of climate change, which may endanger social stability and prospects for economic development.
"The Iraqi government is more aware of the environmental problems that surround the country," Salim Rouhana, the bank's sustainable development program officer, said in a statement, stressing the need to take measures to close the development gap and create a society that is more responsive to the problems and consequences of climate change.
Rouhana added, "Iraq has gone through exceptional circumstances during the last stage, but it has become more aware of the dangers of climate change, which are actually linked to the structural, structural and developmental problems of the economy."
It is noteworthy that last November 2022, the Climate and Development Report for Iraq issued by the World Bank indicated that it would need investments worth about $233 billion by 2040 to be able to bridge priority development gaps and embark on a comprehensive green growth path.
Views 120
Added 01/11/2023 - 10:46 AM
Updated 01/11/2023 - 2:06 PM
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