Iraq reconstruction fund: 60 countries will participate in the reconstruction of the affected areas

The head of the fund for the reconstruction of the areas affected by terrorism, Mustapha al-Hiti, announced the receipt of real promises from 60 countries to participate in the reconstruction campaign.
Al-Hiti said in a press statement that Kuwait is ready to host the donor conference after bilateral talks. “The conference comes after the victory of the security forces. A Kuwaiti delegation will visit Iraq soon for Mosul to see the extent of the damage that took place in this city.
He explained that the Fund had met a call from the World Bank to discuss the reconstruction of the areas affected by terrorism in Washington, DC on the tenth of this month, in the presence of nearly 35 countries, “adding that the Fund is close to completion of the first loan from the bank of 350 million dollars and very little interest To be paid after 15 years, and there was a challenge to convince the international community to increase the loan amount through the presentation of the direct work done by the Fund in the last phase of the first loan, which amounted to 152 projects and coordination between the state departments and the donor and the mechanism of action, as the countries agreed to increase the loan to 500 million dollars , To include Ni After its liberation from the clutches of terrorism, after the first loan was allocated to the provinces of Salah al-Din and Diyala, in addition to raising the slogan of “International Coalition for the reconstruction of Iraq.”
He pointed out that “the fund is able to manage the money and supervision of it, has now reached about one billion and 200 million dollars, after adding the amount of the government budget,” stressing that “the readiness of about 60 countries for the reconstruction of Iraq, depending on the type of participation whether money or enter companies and others.”

https://en.economiciraq.com/2017/07/3...ffected-areas/