Billions of dollars of pending investment loans are waiting to complete the formation of the government

Billions of dollars of pending investment loans are waiting to complete the formation of the government

The head of the reconstruction fund of the affected areas, Mustafa al-Hiti, on Thursday, the arrival of completion rates of projects that began in 2016-2017 to 99 percent, indicating that there are 26 billion of investment loans allocated at the Kuwait Conference and stalled because of delayed formation Iraqi government.

Al-Hiti told “Iraq News” that “the completion rates in the projects that were established in the areas affected by terrorism for the year 2016 – 2017 amounted to 99 percent and projects in 2018 also reached the advanced stages.”

He added that “there are 26 billion dollars within the investment loans allocated by the countries in the Kuwait Conference for the reconstruction of Iraq and is now waiting for the formation of the Iraqi government and know the policy of Iraq where to turn and then launch.”

Aynaliraqnews.com

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