World Bank Supports Iraq’s Economic Reform Agenda

Minister of Finance Taif Sami Mohammed met with the World Bank’s representative in Iraq, Mr. Jean-Christophe Carré, to discuss strengthening cooperation to support development projects and economic reforms. The meeting, held in Baghdad on Tuesday, centred on aligning joint efforts to advance Iraq’s financial and economic priorities.

Minister Sami reaffirmed the critical role of the World Bank partnership in financing programmes aimed at sustainable development. She extended a warm welcome to Mr. Emmanuel Salinas, the newly appointed World Bank representative to Iraq, succeeding Mr. Richard Abdel Nour, whose tenure concluded in November. The Minister expressed confidence in Mr. Salinas’s ability to foster robust development ties, benefiting Iraq and its citizens.

Highlighting the government’s reform agenda, Minister Sami emphasised Iraq’s commitment to implementing financial and economic measures that bolster national economic stability. Key priorities include sustainable growth, enhanced financial resource management, anti-corruption initiatives, and improved transparency within government institutions.

Mr. Carré commended the Iraqi government for its efforts to improve the economic environment, citing the importance of transparency and efficiency. He reiterated the World Bank’s readiness to provide increased technical and financial support in alignment with Iraq’s developmental goals.

Both parties agreed to maintain close coordination and collaborative efforts to achieve strategic objectives that promote economic stability and sustainable development in Iraq.