Qatar’s Deputy Prime Minister and Foreign Minister said that Qatar will be committed to support reconstruction in Iraq. He made his comments while speaking on the sidelines of a major donor conference in Kuwait.
Donors and investors gathered in Kuwait this week to discuss efforts to rebuild Iraq’s economy and infrastructure as it emerges from a conflict with Islamic State militants.
Meanwhile, Kuwait said that it would be lending Iraq $1 billion and commit a further $1 billion in investments. Overall, Iraq is seeking $88.2 billion in aid from donors.
The city of Mosul is the worst affected area, which Iraqi forces, aided by a US-led coalition, recaptured from the Islamic State group in July 2017.
The victory came at a steep cost for Mosul, as coalition airstrikes and extremist suicide car bombs destroyed homes and government buildings.
According to the Iraqi officials, nearly $17 billion alone is needed to rebuild homes, the biggest single line item offered Monday, on the first day of meetings. The United Nations estimates 40,000 homes need to be rebuilt in Mosul alone.
The war against Islamic State group displaced more than 5 million people in Iraq, only half of whom have returned to their hometowns.