Tuesday 20th of February 2018 Sahafi.jo | Ammanxchange.com
  • Last Update
    14-Feb-2018

Kuwait Pledges $2 Billion for Iraq Reconstruction

 

AFP

 

The emir of Kuwait pledged $2 billion towards the reconstruction of neighboring Iraq, at an international donors' conference in Kuwait City on Wednesday.
 
Emir Sheikh Sabah al-Ahmad Al-Sabah said $1 billion will be in the form of loans, and the rest will be invested in projects in the war-battered country.
 
Baghdad says it needs nearly $90 billion to rebuild after three years of war with the Islamic State group devastated homes, schools, hospitals and other infrastructure.
 

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