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World Bank: No requirements on the Iraqi government in exchange for loans
July 12, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) confirmed the World Bank representative in the Middle East and North Africa unique Belhaj that the World Bank lending to Iraq is to share with the Iraqi government in the war against terrorism, stressing that there is no requirements on the Iraqi government to provide loans from the World Bank.
Haj said in response to a question by a reporter (IMN) said that "the bank insisted on lending to Iraq after meeting Prime Minister Haider al-Abadi with the head of the World Bank," explaining that "this loan represents the support of the international community and the World Bank in particular to the Iraqi government at this critical time."
He noted that "the World Bank focuses its support on rebuilding areas devastated by terrorism and will expand support for Iraq," pointing out that "the loan is a step in the long road we want to be positive in the course of dealing between the World Bank and Iraq."
"The financial assistance will contribute to the $ 350 million program, which was approved by the Board of Executive Directors of the World Bank, in support of Iraq's efforts seeking to rebuild state institutions and the economy back to the path of growth in areas where the conflict calmed down."
He explained the pilgrim that "the reconstruction of the liberated areas the project is an important project and the World Bank stressed the need to speed up the loan for joint cooperation with the Iraqi government," adding that "motivational process very important is the bank in turn fully accept the risks arising from the situation in a fragile environment." .
"The project focuses on improving critical services in areas worn down by conflict," the immediate needs explaining that he "also emphasizes the development of sustainability over the medium term, which can be powerful institutions that provided by The project also aims to improve the relationship between the citizen and the state by strong participation".
Belhaj explained that the new project "aimed at the reconstruction and rehabilitation of infrastructure destroyed by Daash gangs in the country and restore public services in the municipalities under the control of the Iraqi government."
The World Bank stressed that "Iraq emergency development process designed to address the economic crisis caused by the security situation and the sharp decline in world oil prices, which is part of a larger program will be implemented over five years in the provinces of Salahuddin and Diyala Almtotrtin conflict and which carry the seven cities affected significantly destruction Daash left by gangs which (Tikrit and the role and Dhuluiya, Scientific and Jalawla and Saadia and the Great). "
This project will support the first year, according to the Convention, repair and rehabilitation of electricity, water and sewage networks, as well as damaged roads and bridges will also support the efforts of health care services through hospitals and mobile clinics, medical equipment and ambulances support.
The Ministry of Finance signed on Sunday, a contract with a representative of the World Bank to lend Iraq $ 350 million.
This loan comes under a number of technical and financial assistance from the World Bank and that a total of up to 1.7 billion seven hundred million dollars for the development of development plans in Iraq.
[You must be registered and logged in to see this link.]
July 12, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) confirmed the World Bank representative in the Middle East and North Africa unique Belhaj that the World Bank lending to Iraq is to share with the Iraqi government in the war against terrorism, stressing that there is no requirements on the Iraqi government to provide loans from the World Bank.
Haj said in response to a question by a reporter (IMN) said that "the bank insisted on lending to Iraq after meeting Prime Minister Haider al-Abadi with the head of the World Bank," explaining that "this loan represents the support of the international community and the World Bank in particular to the Iraqi government at this critical time."
He noted that "the World Bank focuses its support on rebuilding areas devastated by terrorism and will expand support for Iraq," pointing out that "the loan is a step in the long road we want to be positive in the course of dealing between the World Bank and Iraq."
"The financial assistance will contribute to the $ 350 million program, which was approved by the Board of Executive Directors of the World Bank, in support of Iraq's efforts seeking to rebuild state institutions and the economy back to the path of growth in areas where the conflict calmed down."
He explained the pilgrim that "the reconstruction of the liberated areas the project is an important project and the World Bank stressed the need to speed up the loan for joint cooperation with the Iraqi government," adding that "motivational process very important is the bank in turn fully accept the risks arising from the situation in a fragile environment." .
"The project focuses on improving critical services in areas worn down by conflict," the immediate needs explaining that he "also emphasizes the development of sustainability over the medium term, which can be powerful institutions that provided by The project also aims to improve the relationship between the citizen and the state by strong participation".
Belhaj explained that the new project "aimed at the reconstruction and rehabilitation of infrastructure destroyed by Daash gangs in the country and restore public services in the municipalities under the control of the Iraqi government."
The World Bank stressed that "Iraq emergency development process designed to address the economic crisis caused by the security situation and the sharp decline in world oil prices, which is part of a larger program will be implemented over five years in the provinces of Salahuddin and Diyala Almtotrtin conflict and which carry the seven cities affected significantly destruction Daash left by gangs which (Tikrit and the role and Dhuluiya, Scientific and Jalawla and Saadia and the Great). "
This project will support the first year, according to the Convention, repair and rehabilitation of electricity, water and sewage networks, as well as damaged roads and bridges will also support the efforts of health care services through hospitals and mobile clinics, medical equipment and ambulances support.
The Ministry of Finance signed on Sunday, a contract with a representative of the World Bank to lend Iraq $ 350 million.
This loan comes under a number of technical and financial assistance from the World Bank and that a total of up to 1.7 billion seven hundred million dollars for the development of development plans in Iraq.
[You must be registered and logged in to see this link.]
