Expert: Building liberated cities requires solid financial management


Baghdad / Suha Shaykhli after the victories achieved by our sector security trip, the next stage requires re - rapid reconstruction of all residential buildings and infrastructure that requires the allocation of large sums of money through the participation of countries in the world by providing grants and loans for the reconstruction of the ravaged "Daesh" terrorist note that Iraq fought "Daesh " On behalf of all the countries of the world .. What is the size of destruction? The amount of funds to be provided by donor countries and international organizations concerned? What are the loans to be provided to Iraq in order to pass this mission after he defeated "Daesh" in Mosul and liberated? .
In this regard , he drew economic expert Dr. Akram Abdel Aziz said in an interview for "morning" that the reconstruction of the liberated cities does not mean qualified only , but to build and develop, pointing out that there is considerable damage to the right infrastructure and residential areas, as well as large damage to the citizens and their property of specialists $ 40 billion and this amounts beyond the borders of Iraq 's budget , so must resort to grants. Kuwait Development Fund and Abdul Aziz revealed that the limits of the private Kuwaiti Development Fund amount is $ 100 million of this amount has been allocated to the affected areas that have undergone terrorist operations and the destruction of "Daesh" to her, noting that one of the priorities of work conduct surveys. And he confirmed Abdul Aziz orientations for the government to restore life in those areas , but not the possibility of Iraq financially to undertake this effort in light of the large debt experienced by the country , amounting to about 64 percent of GDP; pointing out that Iraq is looking for re - diversify resources away from dedicating rentier oil ; stressing the government 's efforts to provide money to restore citizens to their previous lives before "Daesh" requires a real international responsibility about what is the right of some of Iraq 's cities from destruction. And saw Abdul Aziz said a major investment such a need to measure the size of the damage and must not come out of an accurate outline appreciation for the right of all the joints of the life of the implications, indicating the importance of concerted conservation efforts and sectoral ministries to estimate the damage in a technical and accurate maximum of loans to benefit allocated and grants for this purpose. Liberated cities fund Abdul Aziz pointed to the possibility of Iraq 's request for loans as needed , and the terms and conditions and guarantees required, noting the existence of a fund to re - liberated cities, it is according to what Matrouh was directed towards facilitating international loans from the World Bank and the investment bank of Germany as well as many other trends in order to gain more financial support from countries and international organizations, so Iraq needs international solidarity for his care in this aspect. Abdul Aziz stressed that rebuilding the liberated cities need solid financial management and rely on advisers with experience and competence for the advancement of these cities, calling for a strategy based on technical, financial , regulatory and planning dimensions. She explained that the strategy established by the State in accordance with the size of the damage and the priorities will be local and foreign private sector focus on this aspect, adding that the investment will open the way for the recruitment of trained manpower , which lacked local workforce skill and efficiency of this exists within the Investment Law No. 13 of 2006 and its amendments. The more abundant in the money and good surveys and management wise and technical works will be completed quickly and well, knowing that 85 percent of facilities in those areas destroyed and that the government is currently taken to support aspects of investment through the provision of rules that serve the investment law.



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