Al-Sudani calls for economic reforms in meeting with World Bank Vice President

2025-01-28T14:22:58+00:00

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Shafaq News/ On Tuesday, Iraqi Prime
Minister Mohammed Shia Al-Sudani called on the World Bank to support Iraq’s
economic reforms during his meeting with Ousmane Dione, the World Bank Vice
President for the Middle East and North Africa.

According to the Prime Minister’s
media office, “projects aimed at maximizing the non-oil economy and
creating job opportunities are a top priority for the government,” which in
part “require the World Bank’s support.”

The meeting also explored “financing
the rehabilitation of the old railway and several other development projects,”
with Dione pledging the World Bank’s support for funding initiatives in oil,
energy, and infrastructure sectors.

Al-Sudani noted that the government
considers the World Bank a “key partner in the reform process,” citing the
Ministerial Council for the Economy’s recent approval of a program developed in
collaboration with the World Bank and the Ministry of Planning, pointing out
that reforms in Iraq’s customs and taxation systems were already producing
“tangible and positive outcomes.”

The World Bank Vice President
commended Iraq’s reform efforts and expressed the institution’s readiness to
fund development projects, saying that “the World Bank will continue to support
Iraq in its efforts to drive economic growth and enhance the well-being of its
people.”

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