The World Bank Group mobilizes financial and technical assistance in support of Iraq’s efforts to regain the trust of its citizens by stabilizing its economy, improving governance, and rebuilding of livelihoods. The World Bank works closely with international partners to support economic reforms.
Iraq made an important stride by completing the EITI validation under the 2019 Standard, reaffirming its commitment to transparency in the oil and gas sector.
New US18ドル.5 million pollution management project will help minimize environment and health risks due to chemical pollution and improve livelihoods of local communities.
The WBG will develop a two-year Country Partnership Framework (CPF) for Iraq. The CPF aims to offer solutions to support Iraq’s transition to a more resilient and inclusive economy and will also support engagement to help de-risk the private sector, mobilize finance for development, and create markets through innovative financing tools and public-private partnerships.
The project will promote the social and economic inclusion of about 3,000 conflict-affected Iraqi youth by facilitating their engagement in youth-led community development activities, peace building initiatives and micro-entrepreneurship projects.
The Middle East and North Africa (MENA) region is expected to grow moderately at 2.6 percent in 2025 — a forecast that is shrouded in uncertainty given the rapidly changing global environment as well as ongoing conflicts ...
The MENA region is expected to grow at 2.2% in 2024, yet the outlook remains subdued amid heightened uncertainty. This edition also includes an update on the economic impacts of the conflict in the Middle East.
Both oil and non-oil growth are on track to reach their pre-pandemic levels as oil production increases and the easing of COVID-19 restrictions restores domestic economic activity.
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