NGOs conference pledges 335 mln United States dollars programs to support Iraq

GCAD Foreign Ministers’ meeting

GCAD Foreign Ministers’ meeting

"Adulfattah told the global donors' conference that rebuilding Iraq is restoring hope to Iraq, and restoring the stability of Iraq is stabilising the states of the region and the world", said Planning Minister Salman al-Jumaili.

Governments from around the world on Wednesday pledged billions of dollars in loans and investment for the reconstruction of Iraq, a nation reeling from a three-year war against Daesh terrorist group. Such finance, donor countries said, is necessary to raise the total funds needed for Iraq.

Turkey will give Iraq $5 billion in credit lines, Foreign Minister Mevlut Cavusoglu said, and other allies made smaller pledges.

The plan spans the next 10 years and Iraq announced on the opening day of the conference that the country needs investments worth $88.2bn, of which $22bn were required immediately.

"If communities in Iraq and Syria can not return to normal life, we risk the return of conditions that allowed ISIS to take and control vast territory", he said, using an acronym to refer to the group.

Google is the Latest Company to Mimic Snapchat Stories
Through AMP Stories , publishers will let you tap through quick bits from their news stories in a carousel of slideshow content. It started from Snapchat , but now you have it on Instagram , Facebook , Messenger, WhatsApp and YouTube .

Qatar said it would allocate $1 billion in loans and investments, while the United Arab Emirates pledged $500 million in investment.

About 2.5 million Iraqis remain displaced by the unrelenting conflict, which saw Islamic militants accused of beheadings, crucifixions, slavery and rape.

Iraq's Prime Minister Haidar Al Abadi said he was looking forward to "real and strategic" partnerships, as well as collaborations with countries in the region.

"It was a bloody and tough war, our homes were destroyed, schools devastated, streets turned into battlefields, we tolerated this because not only were we fighting for Iraq but for all humanity", he said.

It will also help law enforcement authorities and promote women's participation in rebuilding and reconciliation efforts.

Latest News