Since 2018-02-18 at 19:08 (Baghdad time)
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[ltr]Baghdad - Mawazine News
BAGHDAD (Reuters) - Iraq's donor states at the Kuwait International Conference (KIA) lack a clear mechanism for their conduct, calling for the fight against corruption ahead of the start of borrowing and exchange operations, a representative of the coalition of Iraqi forces said on Sunday.
"I think that the loans of the donor conference to support Iraq lack a mechanism for how to implement them and will face several obstacles, including the safe environment and the investment environment, and these are obstacles if we put definite solutions, the repercussions of the conference will be negative," Kambash told Mawazine News.
"The government and the parliament are working to combat corruption," he said, adding that "corruption is a scourge of the body of the country with its various institutions, as well as local governments, which are mostly corrupt suspicions that led to the disruption of transfer of powers to it by the central government."
The commitments of the countries participating in the Kuwait conference for the reconstruction of Iraq amounted to 30 billion dollars on the third and final day. The aid will be in the form of loans, credit facilities and investments to Iraq to rebuild what was destroyed by the war.
This is revealed by a member of the Committee on Economy and Investment Representative Amer al-Fayez, earlier Sunday, the news that talked about the condition of the World Bank on the survival of the funds of the donors conference under his supervision is expected, indicating that Iraq is globally diagnosed high corruption index and therefore there is fear of handing over money. Ending 29/5 a[/ltr]
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