Zebari met with the World Bank’s Representative and discussed key matters

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The Iraqi Finance Minister Hoshyar Zebari met with Abu Robert, the Representative of the World Bank in Iraq.

He discussed about the procedures regarding the loans provided by the World Bank to Iraq. The Iraqi Finance Ministry issued a press statement that Iraqi Finance Minister Hoshyar Zebari met with the representative of World Bank in Iraq. He discussed about the cooperation between the World Bank and Iraqi government and also discussed regarding the process of loan provided by the World Bank.

He further added that these amounts will be utilized in the rebabilitation and reconstruction process in most of the liberated areas. These areas were under the control of terrorist groups and Daash organization. This amount would provide perfect assistance to most of the major sectors to maintain stability. This amount would also be used for displaced Iraqi people and Iraqi citizens. It is important that 2nd installment of loan includes financing in the development policy in order to support Iraqi federal budget 2016.

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