Iraq Development Fund Holds Talks with EBRD on Financing

In a continuation of its international cooperation strategy, the Iraq Development Fund, led by its President, Mr. Dhafer Mahdi Abdullah, held a virtual meeting (video conference) on Monday with Ms. Elena Ibrasi and Mr. Enrique, representatives of the European Bank for Reconstruction and Development.

The meeting focused on exploring ways to enhance joint cooperation in financing operations and development projects in Iraq, supporting the government’s efforts to foster economic growth and ensure financial stability.

The meeting was also attended by Deputy Director General of the Fund, Ms. Najah Abbas Ali, Director of the Arab and International Financial Relations Department, Mr. Firas Jabbar Mazloum, Head of the Translation Department, Ms. Nadia Abdul-Razzaq, and Ms. Iman Hamid Qarmz from the Arab and International Financial Relations Department.

This initiative comes as part of the Fund’s ongoing efforts to strengthen Iraq’s international economic partnerships, which previously included the signing of memorandums of understanding with five countries: Japan, Germany, France, the United Kingdom, and the United States. These agreements represent a key step in enhancing international cooperation and attracting foreign expertise and investment across vital development sectors, supporting Iraq’s economic reform agenda and sustainable development objectives.

Source: Iraq Fund External Development