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The World Bank announces its support for reforming the Iraqi economy

The World Bank announced that it supports reforms to revive the Iraqi economy and solve its structural problems.

The representative of the World Bank mission in Iraq, Ramzi Noman, during a meeting with Chairman of the Committee of Finance Parliamentary, Haitham al – Jubouri, E n The World Bank supports the reform process to revive the Iraqi economy and solving structural problems, stressing at the same time, regained the bank to support investment and development in Iraq projects.

On the other hand, the head of the Parliamentary Finance Committee, Haitham Al-Jubouri, said that the Finance Committee had a big challenge in the budget represented in the huge deficit and tremendous growth in expenditures without actual reform measures, indicating that the committee included many reform measures and rearranging the budget formulation with an economic view that reduces Pressure on oil revenues by supporting non-oil resources such as border crossings, tax collection, and private sector support to stimulate the Iraqi economy. Source