Iraq needs $ 100 billion for reconstruction: Spokesman


Iraqi ministry of planning on Saturday said it will approve a plan to reconstruct parts once fell under the control of ISIS terror group.

The ministry added the damage caused by the terror group in those parts will cost $ 100 billion to be reversed.

Spokesman for the ministry Abdel-Zahra al-Hindawi said in a press statement that Iraq is waiting until the full liberation of its territories to start reconstruction.

Six provinces sustained damage due to the ongoing anti-ISIS military operations.

The spokesman added the ministry developed a 10-year plan to reconstruct the provinces hit by terrorism over the past three years.

The plan shall be implemented as of the coming year and end in 2028.

He noted the deteriorating economic situation due to the slump in oil prices is not helpful when it comes to securing the money needed for reconstruction.

'We should resort to other means to provide the budget needed for reconstruction, either by international donations, loans, or grants.


https://www.thebaghdadpost.com/en/sto...tion-Spokesman