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$ 100 million Kuwaiti grant to Iraq is the first since the invasion
An Iraqi official said on Tuesday Kuwait approved a grant of US $ 100 million grant to Iraq to support humanitarian projects and reconstruction efforts in the areas of the organization restored 'Daesh'.
The grant is the first Kuwaiti financial assistance to Iraq since the Iraqi invasion of Kuwait in 1990.
According to Reuters , said a spokeswoman for re - Iraqi Reconstruction Fund said officials from the two countries signed a grant agreement in Kuwait on Tuesday.
Said Mustafa Hiti , head of the fund in a statement that the grant agreement encouraging start for further cooperation between Iraq and Kuwait.
The funding aims to rebuild cities and areas recovered from the organization 'Daesh' who declared the caliphate in Iraq and Syria in 2014.
The war against the affected organization as well as the decline in oil prices on the Iraqi government 's budget with almost total dependence on oil sales.
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An Iraqi official said on Tuesday Kuwait approved a grant of US $ 100 million grant to Iraq to support humanitarian projects and reconstruction efforts in the areas of the organization restored 'Daesh'.
The grant is the first Kuwaiti financial assistance to Iraq since the Iraqi invasion of Kuwait in 1990.
According to Reuters , said a spokeswoman for re - Iraqi Reconstruction Fund said officials from the two countries signed a grant agreement in Kuwait on Tuesday.
Said Mustafa Hiti , head of the fund in a statement that the grant agreement encouraging start for further cooperation between Iraq and Kuwait.
The funding aims to rebuild cities and areas recovered from the organization 'Daesh' who declared the caliphate in Iraq and Syria in 2014.
The war against the affected organization as well as the decline in oil prices on the Iraqi government 's budget with almost total dependence on oil sales.
[You must be registered and logged in to see this link.]
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