Baghdad: Iraqi Prime Minister Ali Falih al-Zaidi announced an upcoming official visit to the United States, during which he will be accompanied by several business leaders to foster investment opportunities and enhance economic cooperation between the two nations.

According to Anadolu Agency, al-Zaidi revealed this plan during a meeting with business leaders, members of private-sector development bodies, representatives of the Iraqi Economic Council, and heads of private banks. He emphasized the importance of the private sector in the government's development strategy and reiterated Baghdad's commitment to an open-door policy for addressing business-related proposals and concerns.

Al-Zaidi underscored the government's dedication to fighting corruption and extortion, which are seen as major barriers to economic progress. He also announced the establishment of a development fund aimed at bolstering the private sector, with a significant $10 billion contribution from the Central Bank of Iraq. This fund is designed to encourage citizen participation, offering tax-exempt profits to subscribers, thereby promoting inclusive economic growth.