Agreement with the European Union to finance Iraqi development projects

Part of the signing of the agreement.

money and business

Economy News Baghdad

The Minister of Planning, Nouri Sabah al-Dulaimi, signed an agreement with the European Union Ambassador to Iraq, Ramón Belquois, to finance economic and social development projects in the amount of € 41.5 million, which will be implemented by the United Nations programs in Iraq. Local.

“The aim of these meetings is to find quick practical solutions and to show the optimal investment potential for international efforts to support the work of local governments and central government stakeholders,” Dulaimi told a joint news conference with Ambassador Blakwa and Basra Governor As’ad al-Eidani.

He pointed out that “the ministry will work with the international community and stakeholders in service ministries to launch several vital projects in the provinces of Iraq,” referring to “the efforts that the Ministry will continue to implement in cooperation with the local government of Basra, to rehabilitate the projects of the province, Projects with advanced achievement ratios “.

Al-Dulaimi said during the meeting, which was attended by the Director of the United Nations Development Program (UNDP) in Iraq, Gerardo Noto, that “this agreement will strengthen the Ministry’s development plans in the liberated areas, and urban areas in the provinces of Basra and Nineveh, and provide basic services to them, These will be implemented through the United Nations Educational, Scientific and Cultural Organization (UNESCO). The organization will reconstruct buildings of historic and cultural importance, revitalize the old cities of Nineveh and Basra, restore life to these cities and provide jobs for their children. Support for the voluntary return of displaced people, job creation and improvement of services. The third section will be implemented with local and international cooperation to provide technical and financial support to youth projects and to provide a suitable environment for launching Pilot projects “.


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