[size=36]The World Bank is ready to work with Iraq to implement reforms[/size]
Economie| 09:23 - 01/02/2023
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Baghdad - Mawazine News
The World Bank has expressed its willingness to work with the Iraqi government to implement investment and reform projects that require large financial resources.
“There is more than one way to implement the Climate and Development Report,” Salim Rouhana, the bank’s sustainable development program official, said in an interview with the official newspaper, “Al-Sabah,” which was followed by Mawazine News, noting that “the report prioritizes reforms, starting with the reforms that are very necessary for capacity building.” implementation of projects, with the need to have the ability to complete them.
He added, "The second method is financing, part of which is public, and the other part is private, because the bank is interested in these sectors to create the political and financing structure, in order to motivate going for projects in energy, specifically alternative and renewable."
And he continued, "The third way in the reform process is to shift from the immediate and short-term view to the medium and long-term view that requires some security and political stability and the creation of departments that can complete work on these projects and implement the view and direction even in the frameworks of changing governments and policies, and this matter is important, There must be some kind of continuity in government to implement medium and long-term projects.
He pointed out that "the World Bank will have a technical and intellectual support role, and it is preparing for the government's request to support investment and reform projects and many tools in which we can work with it, which require large financial resources and create an environment for the private sector and investment and a lot of knowledge, technologies and modern ideas that The World Bank can attract expertise that has implemented these projects in other countries. Ended 29/N33
The World Bank has expressed its willingness to work with the Iraqi government to implement investment and reform projects that require large financial resources.
“There is more than one way to implement the Climate and Development Report,” Salim Rouhana, the bank’s sustainable development program official, said in an interview with the official newspaper, “Al-Sabah,” which was followed by Mawazine News, noting that “the report prioritizes reforms, starting with the reforms that are very necessary for capacity building.” implementation of projects, with the need to have the ability to complete them.
He added, "The second method is financing, part of which is public, and the other part is private, because the bank is interested in these sectors to create the political and financing structure, in order to motivate going for projects in energy, specifically alternative and renewable."
And he continued, "The third way in the reform process is to shift from the immediate and short-term view to the medium and long-term view that requires some security and political stability and the creation of departments that can complete work on these projects and implement the view and direction even in the frameworks of changing governments and policies, and this matter is important, There must be some kind of continuity in government to implement medium and long-term projects.
He pointed out that "the World Bank will have a technical and intellectual support role, and it is preparing for the government's request to support investment and reform projects and many tools in which we can work with it, which require large financial resources and create an environment for the private sector and investment and a lot of knowledge, technologies and modern ideas that The World Bank can attract expertise that has implemented these projects in other countries. Ended 29/N33
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