BAGHDAD / A member of the Committee on Economy and Investment Representative Amer al-Fayez on Sunday revealed that the news that the World Bank’s condition on the survival of the funds of the donors conference under his supervision is expected, noting that Iraq is globally diagnosed with a high corruption index, Money.
Al-Fayez told “Iraq News” that “the subject of the World Bank’s requirement not to hand over the funds of the donors conference to the Iraqi government and keep them under his supervision in the disbursement of investment companies that aim to rebuild Iraq is expected, pointing out that at the beginning of the donor conference in Kuwait was a condition To deposit money in the Kuwaiti bank and disbursed in the form of payments on investment companies. “
He added that “this is expected because Iraq is diagnosed by the countries of the world, the rise of the corruption index in it and this led to the loss of confidence in the Iraqi institutions.”
The informed sources talked about the existence of a condition for the World Bank not to grant funds to the Iraqi government and keep under his supervision in the disbursement of investment projects that will work in Iraq.
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