World Bank and European Union support Iraq’s Public Financial Management Systems and Institutions

Baghdad, September 16, 2018 – The World Bank Group and the European Union signed today a €15.6 million (US$18.1 equivalent) technical assistance program to strengthen public financial management (PFM) oversight and accountability Institutions in Iraq and increase the efficiency in the management of public resources and delivery of services.

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A Strategy for Pro-Poor Growth: A Self-sustaining, Balanced and Poverty Reducing Growth By Hatim G Hatim *

This paper discusses the complex relationship between growth and poverty defined as lack of income sufficient to allow a person and/or family to enjoy a minimal standard of living, or to satisfy socially defined basic needs.[1] For that purpose, it embraces a definition for pro-poor growth that regards inequality reduction as a fundamental component of any growth strategy that aims at achieving unfailingly meaningful reductions in poverty.

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