World Bank reveals plans to boost Iraqi private sector

BAGHDAD / IraqiNews.com: A World Bank delegation visiting Iraq expressed readiness to help the country’s private sector perform its role effectively. The delegation, which included the vice president for the Middle East and North Africa Region of the World Bank as well as its executive director for Iraq, was received by the general secretary of the Iraqi cabinet, Ali al-Allaq, according to a statement released by the general secretariat and received by IraqiNews.com news agency. “The bank’s strategy mainly aims to enable Iraq to manage its resources more effectively,” the statement quoted the head of the delegation as saying. “The World Bank will help the Iraqi government create a favorable climate for construction and a potential ground for investment,” it added. SS (P)/SR 1