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Alaq heads a workshop with the World Bank to discuss funding for reconstruction projects in Iraq
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The Secretary-General of the Council of Ministers, Mahdi Al-Alaq, on Wednesday, chaired the workshop on the policy of financing projects between the World Bank and representatives of government and economic entities involved in investment projects.
Al-Aalak said in a statement received by Iraq News, "The workshop aims at reaching a mechanism for financing reconstruction projects in Iraq," noting that "the conference, which will be hosted by Kuwait mid-next month, will present a comprehensive plan for investment for reconstruction and development in Iraq."
"The government has a comprehensive plan for investment to be presented at the conference for the reconstruction of the industrial, agricultural and economic sectors, especially as Iraq will deal with banks and international destinations."
"The file of humanitarian needs for the management of funding, particularly the World Bank and banks operating in Iraq."
For her part, the Director of the World Bank's Iraq office, Yara Salem, to "the completion of a proposal to study a strategic co-financing of the Fund for Iraq funding."
A number of World Bank officials also reviewed the mechanism of the strategy and how the financing process, the principles of financing including the diversification of sources and smart subsidies to benefit from funds and grants, and credibility with companies and investors. The World Bank identified three areas of possible focus of funding, namely the private sector, The Innovator. Finished
[You must be registered and logged in to see this link.]
The Secretary-General of the Council of Ministers, Mahdi Al-Alaq, on Wednesday, chaired the workshop on the policy of financing projects between the World Bank and representatives of government and economic entities involved in investment projects.
Al-Aalak said in a statement received by Iraq News, "The workshop aims at reaching a mechanism for financing reconstruction projects in Iraq," noting that "the conference, which will be hosted by Kuwait mid-next month, will present a comprehensive plan for investment for reconstruction and development in Iraq."
"The government has a comprehensive plan for investment to be presented at the conference for the reconstruction of the industrial, agricultural and economic sectors, especially as Iraq will deal with banks and international destinations."
"The file of humanitarian needs for the management of funding, particularly the World Bank and banks operating in Iraq."
For her part, the Director of the World Bank's Iraq office, Yara Salem, to "the completion of a proposal to study a strategic co-financing of the Fund for Iraq funding."
A number of World Bank officials also reviewed the mechanism of the strategy and how the financing process, the principles of financing including the diversification of sources and smart subsidies to benefit from funds and grants, and credibility with companies and investors. The World Bank identified three areas of possible focus of funding, namely the private sector, The Innovator. Finished
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Last edited by rocky on Wed 10 Jan 2018, 1:52 pm; edited 3 times in total
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