Iraq signs a memorandum of understanding with the World Bank .. as a prelude to a long - term partnership
Deputy Prime Minister and [url=https://www.thebaghdadpost.com/ar/Story/t/211/%D9%88%D8%B2%D9%8A%D8%B1 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9]Minister of Finance[/url] Fouad Hussein signed a Memorandum of Understanding (MoU) with the World Bank representatives, setting the framework for future cooperation between the two sides and forming the basis for a long-term partnership agreement.
"The memorandum includes cooperation in implementing reforms to develop the agricultural sector and food industries through the introduction of modern technology to facilitate access to international markets and facilitate access to bank finance, while developing governance in the field of regulating the gas sector and regulating the work of the private sector in this area," a ministry statement said.
He added: "The memorandum in the electricity sector, includes improving financial sustainability through the organization of wage collection and controls to protect consumers from poor classes, provided that the government to form a ministerial committee from the economic sector to oversee the implementation of the reforms stipulated in the memorandum of understanding."
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