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The Minister of Planning discusses with the World Bank mechanisms for scheduling external loans
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[rtl]Baghdad / NINA / Deputy Prime Minister and Minister of Planning, Muhammad Ali Tamim, met at his residence in the American capital, Washington, yesterday evening, Wednesday, with a delegation from the World Bank.
The Ministry of Planning stated in a statement, “During the meeting, which was attended by Kazem Al-Hassani and Muhammad Al-Daraji, advisor to the Prime Minister, and a number of concerned parties, mechanisms for scheduling Iraq’s foreign loans were discussed, in cooperation with the World Bank.”
The minister stressed, "The Iraqi government's directions are to reduce external borrowing, for urgent necessities, provided that these loans are directed to development aspects and financing important strategic projects."
For its part, the World Bank delegation expressed its readiness to provide possible support to the efforts of the Iraqi government in the field of loan scheduling, and to work jointly to enhance the development areas of loans./End H[/rtl]
The Ministry of Planning stated in a statement, “During the meeting, which was attended by Kazem Al-Hassani and Muhammad Al-Daraji, advisor to the Prime Minister, and a number of concerned parties, mechanisms for scheduling Iraq’s foreign loans were discussed, in cooperation with the World Bank.”
The minister stressed, "The Iraqi government's directions are to reduce external borrowing, for urgent necessities, provided that these loans are directed to development aspects and financing important strategic projects."
For its part, the World Bank delegation expressed its readiness to provide possible support to the efforts of the Iraqi government in the field of loan scheduling, and to work jointly to enhance the development areas of loans./End H[/rtl]
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