The World Bank announces its readiness to support Iraq by expanding the use of clean energy

Baghdad / NINA / – The World Financial institution introduced at present, Friday, its readiness to assist Iraq by increasing the usage of clear power.

The Central Financial institution of Iraq stated in an announcement that “the Governor of the Central Financial institution, Mustafa Ghaleb Mokhif, participated within the closing assembly of the World Financial institution’s mission to reinforce assist for the Iraqi monetary sector reforms program, which was held in Amman on Friday, Might 20, 2022, on the head of a high-level delegation from the Central Financial institution and representatives of the Ministry of Finance”.

The assertion added, “The mission reviewed the cooperation and assist packages offered by the World Financial institution to the Central Financial institution and the Ministry of Finance with the goal of reforming the monetary sector and enhancing its position in financing financial growth.”

He defined that “the mission targeted on authorities financial institution reform methodologies, capability constructing, assist for the funds system, digital monetary companies, monetary infrastructure, and measures to fight cash laundering and terrorist financing.”

He identified that “it was agreed to proceed joint cooperation to extend the monetary depth, and to emphasise the significance of inexperienced finance within the face of local weather change,” noting that “the World Financial institution expressed its willingness to help the related Iraqi authorities in constructing a roadmap to broaden the usage of clear power, stressing.” The significance of the initiative of the Central Financial institution of Iraq in supporting the financing of photo voltaic power techniques with an quantity of 1 trillion dinars

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