ANKARA, March 19 (Xinhua) -- Iraqi Planning and Development Minister Ali Baban said on Monday in Istanbul that stability and order in Iraq will be for the interest of both Turkey and other countries.

    Baban made the remarks while addressing the 5th meeting of the Donor Committee of the International Reconstruction Fund Facility for Iraq (IRFFI), according to Turkey's Anatolia news agency.

    Baban told the meeting that Iraq's neighbors understood the importance of security and stability of Iraq, which is an arena for fighting against international terrorism.

    He, meanwhile, stressed the importance of economy for Iraq's stability, saying "they are exerting efforts for economic development with determination."

    The IRFFI was launched early in 2004 by the United Nations and the World Bank to help donor nations channel their resources and coordinate their support for the reconstruction and development of Iraq.

    So far 26 donors have pledged over 1.4 billion U.S. dollars to ensure responsive financing for near-term and medium-term priority investments in Iraq.