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Finance Minister’s Meeting with World Bank VP: Key Discussions

Today, Tuesday, the Minister of Finance of the National Unity Government, Khaled Al-Mabrouk, accompanied by the Deputy Prime Minister and Minister of Health-designate, Ramadan Abu Jinnah, met with Farid Bel Haj, Vice President of the World Bank Group for the Middle East and North Africa, and the team of experts accompanying him.

The attendees discussed ways and mechanisms to enhance joint cooperation between the World Bank Group and various Libyan sectors and institutions, within the framework of what was included in the Qatari Partnership Memorandum with the State of Libya 2023-2025, which was recently approved by the Bank’s Board of Executive Directors.

During the meeting, ways of approving and implementing the World Bank’s initiative related to establishing a trust fund through which the bank would supervise the management of funds allocated by the government in Libya and international donors to reconstruct areas affected by floods in eastern Libya were also discussed during the meeting.

The attendees followed the latest developments related to the reimbursable advisory services agreement, which the bank is implementing for the benefit of the health sector in Libya.

The meeting also discussed ways to enhance the role played by a specialized team from the World Bank, with regard to the public finance reform program being implemented for the benefit of the Libyan Ministry of Finance in the Government of National Unity, in addition to a number of important topics related to other areas of cooperation.

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