07/10/2015 17:00

World Bank Launches Loan affected areas



Fund confirmed the reconstruction of areas affected by terrorism, Wednesday, that the World Bank loan will be launched during the month.
BAGHDAD / obelisk confirmed the reconstruction of areas affected by terrorism fund, Wednesday, that the World Bank loan will be launched during the month, among his intention to nominate other areas for ages.

Said Fund Chairman Abdul Basit Turki said in a statement, on the sidelines of a meeting with the Middle East, the World Bank director Fred Hajj the Fund building in Baghdad, received a site "Ansar", a copy of it, that "keen to complete its work Fund regarding the reconstruction of the affected areas in accordance with the timetables cooperation chock with the bodies. "

Turki said that "during the meeting, called for the need to speed up the launch of the loan amounting to $ 350 million," likely to "be launched during the month of the loan."

And between Turkish that "the loan will be earmarked for the reconstruction of seven districts spread over the provinces of Diyala, Salahuddin and include roads, bridges, municipal, electricity and health projects, after viewing the costs of speculative for those projects," adding that "the nomination of other parts of the rebuilding, depends on what will achieve those offered for the reconstruction of the time projects present successes in their impact will be awarded to other loans.

It is said that the reconstruction of areas affected by terrorism Fund announced on 27 August 2015, about his need for more than a trillion dinars for the reconstruction of all the liberated areas.

The World Bank in (July 9, 2015) approved, a new project for Iraq aimed at the reconstruction and rehabilitation of infrastructure destroyed by conflict in the country and the restoration of services in the government-controlled areas, and among the assistance program of $ 350 million, he stressed that this program is part of a larger program will be implemented over five years in the provinces of Salahuddin and Diyala.


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