KUWAIT( Reuters) – Rebuilding Iraq after three years of crusade with Islamic State will cost $88.2 billion, with house a particularly urgent priority, Iraqi officials told global conferences on Monday.
Donors and investors have gathered in Kuwait the coming week to discuss efforts to rebuild Iraq’s economy and infrastructure as it has emerged from a devastating is consistent with the hardline militants who clutched almost a third of the country.
Iraq declared succes over Islamic State in December, having made back all the territory captured by the activists in 2014 and 2015.
About $22 billion will be required in the short term and the other $66 billion in the medium term, the director-general of the country’s intention ministry, Qusay Adulfattah, told the conference, without demonstrating any timeframe.
“Rebuilding Iraq is regenerating is expected to be Iraq, and restoring the stability of Iraq is stabilizing the states of the states of the region and the world, ” said Planning Minister Salman al-Jumaili, said the reconstruction was therefore likewise the responsibility of the international community.