Abadi confirms to the World Bank his government’s effort to shift towards the private sector and encourage investment

Abadi confirms to the World Bank his government’s effort to shift towards the private sector and encourage investment
2014-11-10T08:03:12+00:00

by encouraging investment in the country.

  According to a statement issued by the Prime Minister's Office received by “Shafaq News", “ Abadi received this evening (Sunday) , the World Bank’s delegation, which represents the main headquarters in Washington and the Regional Office for the Middle East and North Africa , the IFC in the Middle East and North Africa and the Office of Iraq.

The statement added that "Abadi stressed the hoped role of the bank to achieve what they want in our government program to shift towards the private sector and encourage investment movement, referring to the role of the World Bank during the last ten years in support of joint ventures with the Iraqi government and the private sector."

The statement said that "the Executive Director of the World Bank, Hassan Mirza expressed readiness of the World Bank to support the development process in Iraq, and the role is expected to support Iraq in the completion of projects and encourage the private sector, expressing confidence in the ability of the Iraqi economy to advance and overcome all the challenges due to what Iraq posses of natural and human potentials." .

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