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In Kuwait, collected billions in rebuilding Iraq

In Kuwait ended a three-day conference, the purpose of which was to raise funds for the reconstruction of Iraq after the war with the terrorist group «Islamic state».

The event, held under the auspices of the UN, EU and world Bank of reconstruction and development, was attended by 67 States and non-governmental organizations, including humanitarian.

The conference promised to provide Iraq with billions of dollars, mostly in the form of investments and soft loans. Turkey allocates five billion, Kuwait – two billion, Saudi Arabia and a half, Qatar – billion dollars.

According to the Minister of state planning Biting Abd al-Fattah, Iraq needs 88 billion and a quarter of that amount – immediately. Not having the funds, it is impossible to start rebuilding the health system, education, infrastructure.

However, the international community is in no hurry to allocate a similar amount. The main reason is widespread in Iraq corruption. In the international ranking Iraq occupies the tenth place finish.

In Kuwait, collected billions in rebuilding Iraq 14.02.2018

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