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World Bank President discusses Iraqi Projects | Iraq Business News


By John Lee.
World Bank Group President David Malpass met with Iraqi Prime Minister Mustafa Al-Kadhimi during his visit to the United States this week.
During the meeting, they discussed the cooperation in financing infrastructure projects in the fields of water, airports, natural gas and energy projects, especially solar.
President Malpass affirmed to Prime Minister Al-Kadhimi the World Bank Group s commitment to supporting the Government of Iraq, including its progress on public sector administration reform, and strengthening the private sector as Iraq opens to business.
He also emphasized to Prime Minister Al-Kadhimi the importance of infrastructure, banking sector reforms, and accelerating private sector investment in Iraq. President Malpass was glad to highlight recent ....

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Over USD 157 billion deployed in last 15 months to fight Covid pandemic: World Bank


Over USD 157 billion deployed in last 15 months to fight Covid pandemic: World Bank
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Last Updated: Jul 21, 2021, 07:48 AM IST
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Synopsis
The Bank Group has proven to be a rapid, innovative, and effective platform to support developing countries as they respond to the pandemic and strengthen resilience for future shocks, Malpass said.
Agencies
In its largest-ever crisis response, the World Bank has deployed over USD 157 billion to fight the impact of the COVID-19 pandemic on health, economic and social fronts over the last 15 months.
This represents an increase of more than 60 per cent over the 15-month period prior to the pandemic, the bank said on Monday. ....

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