Baghdad: Finance Minister Taif Sami engaged in discussions with the World Bank Representative to Iraq on Sunday to enhance cooperation aimed at supporting development projects. The talks focused on leveraging the financial and technical support provided by the World Bank to implement strategic projects that would stimulate economic growth, with a particular focus on infrastructure and human development.

According to National Iraqi News Agency, the Ministry of Finance issued a statement detailing the meeting between Minister Taif Sami Mohammed and the World Bank delegation. The discussions emphasized the development of the private sector and the encouragement of investment as crucial drivers of sustainable economic growth. Additionally, the need for financial reforms to achieve stability and growth was highlighted.

The statement further noted that the World Bank Representative reaffirmed the institution’s commitment to supporting Iraq in reaching its development objectives. The World Bank aims to enhance Iraq’s capacity to tackle economic and development challenges, thereby contributing to the country’s overall progress.