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[size=46]The President of the Republic receives the World Bank delegation[/size]
Iraq
15:44 - 12-11-2022
[You must be registered and logged in to see this image.]15:44 - 12-11-2022
Today, Sunday, December 11, 2022, the President of the Republic, Dr. Abdul Latif Jamal Rashid, received a delegation from the World Bank at the Baghdad Palace.
The President of the Republic said that Iraq is one of the active countries in the international community and one of the founders of the United Nations, the World Bank and the League of Arab States, stressing the need to strengthen and expand relations with the World Bank.
The President of the Republic, Dr. Abdul Latif Jamal Rashid, added that it is important for the international community to know that Iraq, since the defeat of the terrorist organization ISIS, has become more politically, security and economically stable, in order to encourage investments and capital to work in the country.
The President of the Republic noted that the Iraqi government is serious about developing plans, programs and laws that are directly related to the needs of citizens through the advancement of the economy, infrastructure projects and support for the private sector.
The President of the Republic stated that the most prominent challenges facing the country are the climate change crisis that threatens the world as a whole, as well as the water problem with neighboring countries, stressing the existence of joint delegations exchanging dialogues to reach successful solutions for a more equitable distribution of water shares commensurate with the increase in the population.
He added that what exacerbates the water crisis is waste and the absence of the required organization, pointing out that the relevant Iraqi government agencies have plans developed by specialists that need work and implementation more than the need for conferences and meetings.
During the meeting, aspects of cooperation between Iraq and the World Bank were reviewed in the financial and economic sectors, and the need for the banking system in Iraq to develop in a way that is more rapid, accurate, safe and transparent was emphasized, in addition to emphasizing the importance of diversifying sources of national income and not relying solely on oil through Strengthening the agricultural and industrial sector.
For its part, the World Bank delegation affirmed its optimism about the future of Iraq for its rich human and natural resources, expressing the World Bank's aspiration to enhance cooperation with Iraq in order to develop its economy.
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