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The Ministry of Finance participates in the meetings of the Economic Development Fund and the Arab Investment Guarantee Corporation

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The Ministry of Finance participates in the meetings of the Economic Development Fund and the Arab Investment Guarantee Corporation


    Yesterday, 15:40
Baghdad - conscious


Today, Saturday, the Ministry of Finance participated in the meetings of the Board of Governors of the Arab Fund for Economic and Social Development and the Arab Corporation for the Guarantee of Investment and Export Credit.

The media office of the Ministry of Finance said, in a statement received by the Iraqi News Agency (INA), that

"Finance Minister Taif Sami participated in the meeting of the Board of Governors of the Arab Fund for Economic and Social Development as the governor of Iraq in the fund," noting that

"Iraq is one of the countries that contribute the most to the Arab Fund." for economic and social development, and contributes to the capital of the special account at a rate of 9.2 percent to finance small and medium private sector projects in the Arab countries.  He added,

"The fund's agenda was discussed, the council's decisions were voted on, and support was given to the Palestinian people. The Arab Republic of Egypt's project to generate electric power (Al-Bukhari) won the Abdel Latif Youssef Al-Hamad Award, as it is one of the environmentally friendly development projects."

And she continued, "The Ministry of Finance participated in the meeting of the fiftieth session of the Arab Corporation for the Guarantee of Investment and Export Credit," explaining that "

Iraq is one of the contributing countries to this institution that established this institution to guarantee Arab and foreign capital invested in development projects in the Arab countries," pointing out that

The Foundation's agenda was discussed and the Council's decisions were voted on.


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