Kuwait pledges USD two billion for Iraq reconstruction

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.

Published: 14th February 2018 01:40 PM  |   Last Updated: 14th February 2018 01:40 PM   |  A+A-

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Three years of war devastated much of northern and western Iraq. (Photo | AP)

By AFP

KUWAIT CITY: The emir of Kuwait pledged $2 billion towards the reconstruction of neighbouring 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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