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Kuwait 's economy moves to raise $ 18 billion for Iraq

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rocky
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Kuwait 's economy moves to raise $ 18 billion for Iraq

Post by rocky on Fri 12 Jan 2018, 2:51 pm

[size=32]
Kuwait 's economy moves to raise $ 18 billion for Iraq[/size]
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 9 hours ago




The Iraqi street is eagerly awaiting the outcome of the Iraq reconstruction conference scheduled for February 12-14, while the government is still unable to provide a clear program for the reconstruction of more than 200 destroyed cities instead of thousands of villages. North, west and central regions. 
According to Kuwaiti government sources, the number of countries participating in the conference is close to 42 Arab and foreign countries, indicating that the most prominent participating countries are America, Britain, France, Italy, Germany, Sweden, Austria, Holland, Canada, Australia, Japan, China, Venezuela, Arab Kuwait, Qatar, Saudi Arabia, UAE and Turkey. 
Donor countries will speak at the second session of the conference after the opening and announce the value of their pledges, which are expected to reach about $ 18 billion, pointing out that the Kuwait grant is likely to reach between 100 and 150 million dollars.
The sources said that the conference will be held with the support of the World Bank, indicating that "the reconstruction phase is the most important challenges facing the Iraqi government after the liberation of cities, and there is a thoughtful plan to restore services to liberated cities, followed by the stage of reconstruction and rehabilitation of different sectors." 
The conference comes after donations by Kuwait, mid-2016, to establish medical centers, schools and hospitals in a number of cities of Iraq, including Basra, Baghdad, Salahuddin, Anbar and other areas. 
Kuwaiti Deputy Foreign Minister Khaled Al-Jarallah said during a press conference held in Kuwait that "Kuwait has started preparations for the conference after the Emir announced earlier his intention to host the International Donor Conference in Kuwait and contact the World Bank And the Iraqi government in this regard. "
As for the amounts Iraq needs to rebuild its devastated cities, the Secretary-General of the Iraqi Council of Ministers said that "vital facilities in cities and liberated areas need 100 billion dollars."



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