Reconstruction Fund: There is the possibility of an international contribution to the reconstruction of liberated areas

Reconstruction and rebuilding

Economy News / Baghdad ...

He said communication consultant for fund reconstruction of areas affected by terrorism Majida Salman Mohammed, on Thursday, there is a possibility of an international contribution to the reconstruction of liberated areas of Daesh and damaged by terrorist acts.

She said Mohammed in a press statement, said that the reconstruction process is not vested in Iraq only, but the neighboring countries, the region and the world at large to the fact that Iraq, blocking the attack a terrorist and made several sacrifices of the blood of the sons and the destruction of some of its regions due to fighting Daesh, indicating that there are a range of grants and loans through the reconstruction fund " The World Bank loan of $ 650 million paid for a period of five years to four sectors, namely water, sewage, electricity, health, roads and bridges, as well as Deutsche Bank loan of 550 million euros in addition to the $ 100 million Kuwaiti grant to be allocated to the health sector. "

We count on donors' conference to be held mid-year and offered a number of his views under the auspices of Iraq in order to collect donations and not in the form of loans to help Iraq and the rehabilitation and reconstruction of areas affected by the terrorist acts, noting that the state budget has allocated funds to fund reconstruction and to the reconstruction of facilities vitality of the water and electricity sectors and essential needs.

It is said that the reconstruction of the affected areas fund terrorist operations established in accordance with Article 28 of the federal budget for the 2015 law, so as to have a device that coordinates between international organizations and Iraqi ministries in rebuilding the rapid reconstruction operations and performs re medium and long-term reconstruction in areas where it is released from the control of operations Daesh, the Fund began his work after he was named d. Abdul Basit Turki Saeed, president of the Federal Office of Financial Supervision dated 02/18/2015 Chairman.

The Government of Iraq allocated an initial amount of the fund of 500 billion Iraqi dinars in the 2015 budget, will fund resources consist later of scholarships that can be offered by friendly and brotherly countries as well as the State allocates the money through the federal budget law, the Fund will be the reconstruction of areas damaged by terrorist acts across Iraq after its liberation.