Two girls and other displaced civilians, who fled their Daesh-held towns, arrive to a camp on Friday. Canada is co-hosting an event in Washington in an attempt to raise funds to help battle Daesh in Iraq, stabilize its government and ease humanitarian suffering. (The Associated PRess)

Canada to pledge up to $200 million for Iraq at fundraising conference


Sources say the money will be pledged through the World Bank to help Iraq’s government implement economic reforms.



By The Canadian Press
Tues., July 19, 2016

OTTAWA—Canada will pledge up to $200 million in new money to help Iraq’s economy during a major conference in Washington on Wednesday.

Sources tell The Canadian Press that “up to” that amount will be pledged through the World Bank to help Iraq’s government implement economic reforms.

The Canadian pledge is over and above the $1.6 billion over three years that the Trudeau government announced in February as part of its reconfigured mission to battle Daesh, also known as ISIS or ISIL.

Canada is co-hosting the event in Washington with the United States, Germany and Japan, in an attempt to raise funds to help battle Daesh in Iraq, stabilize its government and ease humanitarian suffering.

The U.S. State Department says extra money is urgently needed because the United Nations Iraq Humanitarian Response Plan of $861 million (U.S.) is only 36 per cent funded.

Canada will also give more details on how $158 million of the previously announced $1.6 billion will be spent.

Link