Baghdad-INA
Finance Minister Faleh al-Sari affirmed today, Sunday, that the ministry is proceeding according to a government vision focused on enhancing the efficiency of public financial management and directing it towards supporting productive and developmental sectors.
The Ministry of Finance stated in a statement received by the Iraqi News Agency (INA): that "Finance Minister Faleh Al-Sari received the President of the European Bank for Reconstruction and Development (EBRD) in Iraq, Katarina Bjorlin-Hanssen, to discuss prospects for financial and technical cooperation and support for development priorities in Iraq."
According to the statement, Al-Sari emphasized that "the Ministry of Finance is proceeding according to a government vision focused on enhancing the efficiency of public financial management and directing it towards supporting productive and developmental sectors, in line with the priorities of the government program and strengthening the developmental impact in the provinces, despite the economic challenges imposed by regional changes and pressures on public revenues."
He explained that "the Ministry prioritizes supporting development projects in the provinces, particularly agricultural and infrastructure projects, by providing the necessary facilities and enhancing the investment and production environment, which contributes to supporting economic development and improving public services."
For her part, the President of the EBRD, according to the statement, affirmed the bank's continued support for Iraq's efforts to improve its economic and financial situation, noting the bank's specialized programs in the energy sector, Water, support for banks, and financing for the private sector."