Finance: The government adopts a set of programs and plans to stimulate the economic situation

10/31/2021 12:39

  • number of readings 191
  • Section : Iraq

Baghdad / Obelisk: The Minister of Finance, Ali Abdul-Amir Allawi, received, on Sunday, October 31, 2021, the South Korean ambassador to Baghdad, Mr. Jang Kyung-wook and his accompanying delegation.

During the meeting, aspects of joint cooperation between the two countries were reviewed, emphasizing the strengthening of the partnership aspect in the economic and commercial fields and opening new horizons for partnership between the two friendly peoples.

Allawi reviewed the fundamental reforms achieved by the Ministry of Finance and raising the indicators of commercial activity in light of the current economic challenges and the Corona pandemic crisis.

Allawi said that the Iraqi government is adopting a set of programs and plans that have an impact on stimulating the economic situation and enhancing development opportunities.

For his part, the Korean ambassador praised the rising performance of the Iraqi economy, expressing the country’s government’s tendency to raise levels of cooperation with Iraq, and the desire of sober Korean companies to expand their activities and partnership with Iraq in various fields, especially those related to investment and infrastructure aspects.


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