World Bank renews its support to fund the reconstruction of liberated areas


6/6/2016

Baghdad / long - Presse

New World Bank, on Sunday, support for the Fund for the reconstruction of liberated areas in Iraq, as he emphasized his quest for the implementation of future projects in those areas.

He said the reconstruction fund in a statement received (range Press) copy of it, "head of the reconstruction of areas affected by the terrorist attacks Fund Abdul Basit Turki met, today, the World Bank delegation headed by Director of the Department of fragile states in the bank Saroj Kumar," noting that "the meeting ensure discuss reconstruction and mechanisms of action under the World Bank loan, including the relationship with the local community and civil society organizations in the targeted areas file. "

The statement quoted the Turkish assertion that "the work of the Fund is supportive of the work of ministries and state and local governments," pointing out that "extensive cooperation with the World Bank team discussed the loan."

For his part, the Director of the Department of fragile states in the bank Saroj Kumar that "the World Bank's ongoing support reconstruction fund and seek to implement future projects, through this relationship in light of the success of the current experiment."

The reconstruction of the affected areas of fund terrorist operations in Iraq had declared, in (14 May 2016), the World Bank is considering expanding its activities to include areas liberated from al (Daash) recently process of reconstruction.

It is noteworthy that the reconstruction of areas affected by the terrorist operations fund, announced on Thursday (31 March 2016), the formation of four committees to follow up and study plans for the donor conference to be held in the Jordanian capital, Amman, and confirmed the existence of government support for the conference, as he pointed to discuss presentations to the Preparatory Committee.

It is noteworthy that the reconstruction of areas affected by terrorism fund decided to postpone the international conference for the reconstruction of liberated areas, which was scheduled to be held in Amman, Jordan, during the month of April, the month of May, while called on the Foreign Ministry to guide Iraq's ambassadors in coordination with the governments of the countries in which they where to urge them to attend the meeting.

Iraq and live severe economic crisis due to lack of liquidity and government assurances ongoing need for austerity and reduced government spending, while the country faces an ongoing war with the organization (Daash) financial drain energies significantly.

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