Abdul-Mahdi’s advisor: Kuwait Conference only supported Iraq morally

Thursday 30th January 2020 - 15:12

Abdul-Mahdi’s advisor: Kuwait Conference only supported Iraq morally

Baghdad - INA

The advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, that the Kuwait International Conference for the Reconstruction of Iraq, held in 2018, only provided moral support to Iraq.

Salih told the Iraqi News Agency that "Iraq submitted the cost of reconstruction to the losses caused by Daesh, which is estimated at 88 billion dollars, in addition to providing an investment map contributed by foreign countries and companies during the Kuwait International Conference for the Reconstruction of Iraq."

He added that "the Secretariat of the Council of Ministers was running the work at the time and submitted a document of pledges," noting that "40% of countries answered the document that was submitted and 60% did not answer."

He stressed that "the countries that answered the document were limited to granting commercial loans," noting that "the Kuwait conference supported Iraq morally only."

He pointed out that "all credit facilities and investments in order to rebuild what was destroyed by the war were just pledges that did not take their way to the course of implementation."

He explained that "what was implemented previously called (the Stability Cell) provided by the United Nations, the World Bank, international agencies and the European Union gave aid to the liberated areas to return the displaced, build the main infrastructure and remove mines," noting that "the amount of this aid does not exceed two billion dollars." ".