Prime Minister Masrour Barzani of the Kurdistan Region welcomed Ziad Khalef, the Chairman of the Board of Directors of the Iraqi Development Bank, on Tuesday, December 19, 2023.

The high-level meeting focused on crucial aspects of economic development and government reforms within the banking sector of the Kurdistan Region. Both leaders emphasized the ongoing investment initiatives across various sectors in both the Kurdistan Region and Iraq at large.

Chairman Ziad Khalef expressed his admiration for Prime Minister Masrour Barzani's vision, particularly applauding efforts in economic diversification, infrastructure development, and advancements in the banking system. The discussions underscored the collaborative approach between the Kurdistan Region and Iraq to foster economic growth.

Prime Minister Barzani, in response, reaffirmed his commitment to supporting private sector banks in the Kurdistan Region and Iraq. This support, he noted, aims to bolster the financial and economic systems, contributing to the overall development and stability of the region.

The meeting between Prime Minister Masrour Barzani and Chairman Ziad Khalef highlights the ongoing efforts to strengthen economic ties and cooperation between the Kurdistan Region and Iraq. As both regions actively pursue investments and reforms, the discussions are expected to yield positive outcomes for the banking and economic landscape.