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World Bank Group President Jim Yong Kim told a special session of the Iraqi parliament today that the path to stability and shared growth in Iraq lay in empowering local governments.


The World Bank Gives Iraq a Certificate for Reducing the Associated Gas Burning.


In total an approximate $300billion is needed to reinvigorate the Iraqi petrol economy in the next 15 years.


Employees' unpaid wages are considered loans to the government.


The meeting took place in Palazzo Chigi, home of the Italian Government, in the margin of the Iraqi’s Prime Minister visit in Italy.