Iraq's implementation of the oil-for-projects would also involve federal budget suport, the financial advisor to the Iraqi Prime Minister told Zawya Projects.

Mudher Muhammad Saleh said some of the projects included under Iraqi-Chinese agreement will require parliamentary approval for annual financial allocations within the 2021 Federal Budget.

Saleh added priority would be given to development of education infrastructure, including construction of school buildings.

He said Iraq suffers from a shortage of school buildings with some estimates putting it between 9,000 to 10,000 buildings. Construction of school buildings within the oil-for-projects agreement would strengthen the country's education sector and contribute to national capacity building, he noted.

(Writing by Majda Muhsen; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

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