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[size=36]The Economic Contact Group renews its commitment to support the Iraqi government in facing challenges[/size]
Economie| 11:05 - 10/15/2022
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Baghdad - Mawazine News
, The Economic Contact Group of Iraq confirmed, on Saturday, its commitment to support the government to face economic and social challenges, while identifying the most important points that help in the economic advancement of the country.
The Iraq Economic Contact Group stated in a joint statement that "the United Kingdom and Japan co-hosted a meeting on economic reform and climate action in Iraq, at the annual meetings of the International Monetary Fund and the World Bank Group."
She added that "the Iraq Economic Contact Group met in Washington, DC, with representatives from Iraq."
And she continued, "The representatives from Iraq, the World Bank, the International Monetary Fund, and the Group of Seven discussed economic challenges and opportunities in Iraq, and the need for broad-based economic reform."
She noted that, "Despite the progress that has been made under the current government and in the midst of difficult conditions, Iraq continues to face enormous medium and long-term economic difficulties, exacerbated by the negative effects of climate change - including water scarcity, desertification, drought, high Temperatures".
For its part, the Economic Contact Group for Iraq is working to "encourage the Iraqi government to present an ambitious plan for economic reform and to take decisive climate action."
The contact group stressed that "the reform and recovery of the Iraqi economy, the consolidation of democracy in the country, and the increased participation of women and girls in all aspects of economic and political life, are all essential factors for enhancing stability not only in Iraq, but also in the region."
He pointed out that "the diversification of the economy and building a dynamic private sector that includes everyone to complement the fossil fuel sector, which leads to strengthening the resilience of the overall economy and providing opportunities and livelihoods for the Iraqi people. This requires reforms that improve the business environment, modernize the financial sector, and enhance overall economic stability and financial management." public sector, combating corruption, and thus stimulating growth and laying the necessary building blocks for the prosperity of the private sector.
He explained that "prudently investing Iraq's oil revenues - through good governance, effective financial management and transparency - will be important to rebuilding climate-resilient infrastructure, improving basic services, and laying the foundations for sustainable growth."
The Iraq Economic Contact Group affirmed its commitment to support the Government of Iraq to face the important economic and social challenges in Iraq. Ended 29/N33
, The Economic Contact Group of Iraq confirmed, on Saturday, its commitment to support the government to face economic and social challenges, while identifying the most important points that help in the economic advancement of the country.
The Iraq Economic Contact Group stated in a joint statement that "the United Kingdom and Japan co-hosted a meeting on economic reform and climate action in Iraq, at the annual meetings of the International Monetary Fund and the World Bank Group."
She added that "the Iraq Economic Contact Group met in Washington, DC, with representatives from Iraq."
And she continued, "The representatives from Iraq, the World Bank, the International Monetary Fund, and the Group of Seven discussed economic challenges and opportunities in Iraq, and the need for broad-based economic reform."
She noted that, "Despite the progress that has been made under the current government and in the midst of difficult conditions, Iraq continues to face enormous medium and long-term economic difficulties, exacerbated by the negative effects of climate change - including water scarcity, desertification, drought, high Temperatures".
For its part, the Economic Contact Group for Iraq is working to "encourage the Iraqi government to present an ambitious plan for economic reform and to take decisive climate action."
The contact group stressed that "the reform and recovery of the Iraqi economy, the consolidation of democracy in the country, and the increased participation of women and girls in all aspects of economic and political life, are all essential factors for enhancing stability not only in Iraq, but also in the region."
He pointed out that "the diversification of the economy and building a dynamic private sector that includes everyone to complement the fossil fuel sector, which leads to strengthening the resilience of the overall economy and providing opportunities and livelihoods for the Iraqi people. This requires reforms that improve the business environment, modernize the financial sector, and enhance overall economic stability and financial management." public sector, combating corruption, and thus stimulating growth and laying the necessary building blocks for the prosperity of the private sector.
He explained that "prudently investing Iraq's oil revenues - through good governance, effective financial management and transparency - will be important to rebuilding climate-resilient infrastructure, improving basic services, and laying the foundations for sustainable growth."
The Iraq Economic Contact Group affirmed its commitment to support the Government of Iraq to face the important economic and social challenges in Iraq. Ended 29/N33
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