While there have been positive development for beneficiaries of the pension system in Iraq, there are still challenges to improve services in Baghdad and across Iraq. It requires reforming the system to be responsive to the current and future needs of Iraq. Pensions systems are one of the most difficult areas in any country to reform and always involve a long term process fraught with political and technical challenges.
This is good day for asset recovery. First and foremost it is a victory for the Tunisian people and the Tunisian government. It demonstrates that the consistent and patient efforts undertaken by the authorities in Tunis, including the Tunisian Financial Intelligence Unit, the Committee for the return of Stolen Assets, and the Ministry of Justice, are now paying off.
The very fact alone that this country and its people were in bondage for 42 years is unbelievable. The fact that the nation rose up against tyranny in spite of real danger, incredible losses and an uncertain outcome is a testimony to the courage and determination of a people to win their freedom. And the fact that the Libyan people, and especially its young men and women, hold such incredible optimism about the future, speaks to the indomitable spirit of a nation.
Beautiful ruins speak of a people steeped in history with a deep sense of time and an inherent understanding of change. And it was in this city that I saw without any shadow of a doubt the strength of Libyan determination for their new-found democracy and freedom to succeed.
One day on a recent mission to Tripoli, Libya – after an early start and a hectic morning of meetings – I went with the World Bank’s Representative to a wonderful Turkish Restaurant in the heart of Tripoli to have lunch and to discuss the progress of the mission. As we were dinning, our waiter engaged in polite conversation with my Tunisian colleague in French.
I started working in Morocco four years ago as a result of the government’s request for
support in implementing their national agricultural strategy, the Plan Maroc Vert. This strategy set the ambitious targets of doubling the agricultural value added and creating 1.5 million jobs in little more than a decade.
The Middle East and North Africa Transition Fund held its second steering committee meeting in the Moroccan capital, Rabat last month. Four new grants were awarded at the meeting in support of the ongoing reform process in Morocco. Jonathan Walters, World Bank coordinator for the Transition Fund was in Rabat and provided us with some background on what the Fund hopes to achieve both in Morocco and the region.
The Middle East and North Africa region is 60 percent urbanized compared to the global average of 52 percent and is home to one of the world’s most rapidly expanding populations. By 2030, a 45 percent increase of MENA’s urban population will add another 106 million people to urban centres.
“If we are able to say that a poor, majority Muslim, and conservative society is capable of making a democracy of international standard, other countries in the region will have no excuse not to follow us,” says Amira Yahyaoui. “But Tunisia won’t succeed unless we continue to be bold. We must be audacious in our ambitions.”
For some, the Arab spring, so-called, has already turned into winter. History does not necessarily repeat itself though, but for what happens next in the Arab world to have any chance at being good, there is an urgent need for an Arab economic awakening. For without strong economic underpinnings, and without growth and quality employment for the millions of young Arab men and women who seek jobs and a decent life, the Arab democratic transition indeed faces a grim future.