Dr Ali said the IDB, the World Bank and the United Nations have agreed to work together to boost Iraq’s capabilities. “Iraq needs support, using tools of modern development management, to achieve sustainable economic growth,” he said. “We will provide targeted expertise to help the country rebuild a resourceful economy in harmony with the global Sustainable Developments Goals.” This will also help bridge cooperation with neighbouring countries, he added.
Dr. Ali affirmed IDB’s commitment to help Iraq build strong partnerships with member countries based on investment and the full use of Islamic finance. He noted that IDB, in collaboration with the Arab Coordination Group, the United Nations, the World Bank, the Japan International Cooperation Agency, and the British Ministry for International Development, are working to increase their development assistance to Iraqi citizens. The assistance includes funding for basic services such as water and sanitation, power generation, education and health.
Dr. Ali affirmed IDB’s commitment to help Iraq build strong partnerships with member countries based on investment and the full use of Islamic finance. He noted that IDB, in collaboration with the Arab Coordination Group, the United Nations, the World Bank, the Japan International Cooperation Agency, and the British Ministry for International Development, are working to increase their development assistance to Iraqi citizens. The assistance includes funding for basic services such as water and sanitation, power generation, education and health.
To date, IDB has funded Iraq’s development with US$551 million, covering infrastructure, basic services and trade finance. Dr Ali and the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, who is also IDB Governor for Iraq, also signed a US$300,000 grant agreement for launching mobile clinics to provide primary healthcare services in the country’s rural areas.