Iraq's reconstruction will cost $88.2 billion, planning ministry says

Tillerson to address Iraq Reconstruction Conference but promise no US money

In accordance with this, Foreign Minister Mevlüt Çavuşoğlu, who is scheduled to attend the Kuwait International Conference for the Reconstruction of Iraq, will announce Turkey's major projects for Iraq today.

The conference brings together hundreds of representatives of countries, aid groups, United Nations agencies and corporations.

The $88.2 billion estimate was based on an assessment study by Iraqi and worldwide experts, the planning minister said.

"But what we have accomplished is less than one percent of what Iraq needs", Hiti said.

The United States on Tuesday urged members of the coalition fighting Islamic State to help rebuild Iraq or risk a reversal of the gains made against the group, and said it would extend to Baghdad a $3 billion credit line.

The $330 million pledged by non-governmental organisations on Monday included $130 million from the International Committee of the Red Cross.

Kuwait, hosting the conferences this week, has a deep interest in seeing a stable Iraq, especially after Baghdad's 1990 invasion of their small, oil-rich emirate. Meanwhile the World Bank pledged $400 million.

'Devastated' Gary Cahill responds to news of Ryan Mason's retirement
The Spurs boss said: "I remember very well how we found him the first day; sitting in the gym, head down and so sad". Mason playing for Hull City during the 2016-17 EPL season. "We've all been waiting (for news)".

The US State Department has said that rather than "direct contributions", Washington has "focused on the private sector". Government auditors in 2013 found that at least 10 per cent of the money could not be accounted for, with billions of dollars wasted on dubious contracts. Iraq has suffered from decades of war.

The funding will go toward rebuilding roads, hospitals and government buildings in Iraq, according to a release from Global Affairs. It has struggled to pay worldwide firms running them. But Ali said companies and businessmen will have access to a "reconstruction data platform to ensure accountability and transparency".

"We have to talk about what the investor's guarantees are".

As displaced families return, many find that their homes require major repairs, exacerbating pre-conflict housing shortages in the country.

The country is still reeling from the rise of Islamic State and the punishing fightback it took to crush the jihadists, with swathes of its territory in ruins and millions of people displaced.

Hiti said that the Iraqi government would unveil more than 150 investment projects in different fields, in addition to offering a number of investment projects by the private sector.

Meanwhile France's Foreign Minister Jean-Yves Le Drian visited Iraq on Monday to discuss the war-torn country's reconstruction. "As they were victorious against Daesh they will be, with your support, victorious in the battle of reconstruction", he told the conference. We will always be there. We maintain that participation of the worldwide community in the reconstruction of Iraq is a necessary move in the right direction. "We will also be there in the reconstruction phase", Le Drian said.

Related News:

  • Scientists have successfully programmed nanorobots to shrink cancerous tumors

    Scientists have successfully programmed nanorobots to shrink cancerous tumors

    Now, some scientists there think they may be closing in on medical applications for the technology. The sheet is saddled with an enzyme that makes clots in the blood vessels that feed the tumor.
    Bomber sentenced to 2 life terms for Manhattan attack

    Bomber sentenced to 2 life terms for Manhattan attack

    The FBI took no action, he said. "I was never discriminated for my religion until I started following it", he said. A Bangladeshi driver detonated a bomb in a subway passageway, wounding himself and three other people in December.
    HTC smartphone business president leaves sinking ship ahead of U12 launch

    HTC smartphone business president leaves sinking ship ahead of U12 launch

    Over the past couple of years, he's been at the helm of HTC's switch in design language with the U Ultra and the U 11 variants. Further, the reason for the resignation is mentioned as a " personal career plan ".
  • Cape Town residents rejoice over rainfall

    Cape Town residents rejoice over rainfall

    On Tuesday, the predicted date for "Day Zero" was pushed back to June 4 after consumption cuts. There is a very real chance that Cape Town will simply run out of water.
    Second Federal Judge Blocks Move to End DACA

    Second Federal Judge Blocks Move to End DACA

    Judge Garaufis said that was not a compelling argument, and said DACA is neither unconstitutional nor illegal. However, a recent court ruling has rendered that deadline meaningless.
    White House Contradicts FBI Over Information On Rob Porter Controversy

    White House Contradicts FBI Over Information On Rob Porter Controversy

    Interim security clearances let officials start doing their jobs while waiting for full clearance. The timeline has raised questions about what White House Chief of Staff John Kelly knew, and when.
  • Airstrike injuries forced Baghdadi to cede control of Isis

    Airstrike injuries forced Baghdadi to cede control of Isis

    Their assessment is based on reports from IS detainees and refugees in northern Syria that emerged months after the air strike. According to Al-Basri, al-Baghdadi is still alive and living in the Syrian Desert close to the Iraqi border.
    Liverpool Are Going To Make Porto Suffer- Roberto Firmino

    Liverpool Are Going To Make Porto Suffer- Roberto Firmino

    Joking to underline his point, Klopp added: "Only because I am a friendly person I answer the question, because we are in public. The Champions League clash game is available in most countries through the rights holders' online platform, if they have one.
    U.S.  luger Emily Sweeney involved in scary crash in Pyeongchang

    U.S. luger Emily Sweeney involved in scary crash in Pyeongchang

    Sweeney was heading down during the fourth run of the luge competition in PyeongChang when she became sideways on her toboggan. She initially put her feet down to slow her progress but quickly began to rock back and forth at more than 60 miles per hour.
  • Is Facebook losing younger users to Snapchat!

    Is Facebook losing younger users to Snapchat!

    Facebook's US audience will grow 1% this year to 169.5 million, but older age groups will be mostly responsible for that growth. But while younger users are ditching Facebook , at least the older-gen are playing it loyally and adapting to the trend.
    Qualcomm Snapdragon X24 LTE

    Qualcomm Snapdragon X24 LTE

    It is also the first-announced chip built on a leading-edge 7 nanometer FinFET process that will lead to better power efficiency. It supports Full Dimension Multi-Input Multi-Output (FD-MIMO), a Massive MIMO technology that is foundational to 5G NR networks.
    Hawks confirm arrests after raid of Gupta compound

    Hawks confirm arrests after raid of Gupta compound

    Those arrested on Wednesday were expected to appear in a Bloemfontein court on Thursday. Mkhwebane said the Estina expenditure was being investigated by the Hawks.


Most liked

Fixing You HomePod Nearly as Costly as a Brand New Device
The bottom line? Overall the sound of the HomePod was a bit muddy compared with what the Sonos One and Google Home Max delivered. While Siri already lags behind Google Assistant and Alexa, Homepod doesn't even ship with usual Siri that you use on iPhone.

Amazon bought Blink in secret chip deal
Not much is known about the deal as Blink announced it in a December 21 blog post without revealing much more than the price tag. Amazon is also believed to be working on an AI chip for data centres for its cloud computing subsidiary, Amazon Web Services.

Williamson: I want to keep representing New Zealand in all three formats
He steadies the ship so much when it comes to chases. We did not get the cameos in the middle either. These things all add up in T20.

Salon asks visitors to turn off their adblockers or start mining cryptocurrency
Salon found a way to keep the customers happy by taking ads away as long as they're willing to mine some cryptocurrency for them. This is according to the site's FAQ page, which explains its new feature "Suppress Ads" as an alternative to ad blocking .

Southwest: Midway flights near normal after de-icing woes
In a statement, the airline said its employees in Orange County were "working diligently" to make accommodations for passengers. Evacuations slides were used to remove passengers and crew members from the plane, the airline said .

Pakistan's army chief joins conference in Afghan capital
But there were conflicting accounts of the drone attack from Pakistani intelligence officials and militant sources. Taliban chief Mullah Fazlullah has appointed commander Mufti Noor Wali Wali as his new deputy, Khurassani added.

Moto E5 Play and ASUS ZenFone 5 Lite teased before official launch
Asus launches three to four smartphones in its Zenfone series, so we can expect at least 3 models of the Zenfone 5 as well. Well, the post doesn't exactly mention the ZenFone 5 name, but the hints are enough for us to make an educated guess.

Google poaches IoT exec, what does this mean for Samsung's software ambitions?
Eventually, he was made the head of Samsung's R&D team 1, which worked on software and services. It was reported two weeks ago that he had left Samsung due to personal reasons.

Julia Louis Dreyfus Shares First Photo After Surgery For Cancer
Louis-Dreyfus shared messages from her "glorious group of supportive and caring friends" on Twitter as she battled the disease. The Emmy Award-winning actress is slated to return to filming Veep in August just in time for its 2019 season premiere.

Chinese woman climbs into X-ray machine for this weird reason
Two X-ray images show a silhouette of the woman, still in her high heels, kneeling on all fours behind her belongings. She further jumped onto the conveyer belt and vigorously followed her handbag all the way to the other side.

Drama as snowboarder White claims landmark gold
But White told media last week that he had been working on those tricks and planned to try that combination in PyeongChang . White, James and Hirano will square off in the men's snowboarding halfpipe finals on Wednesday, when medals will be awarded.

Israel police say Prime Minister Benjamin Netanyahu must face corruption probe
Benjamin Netanyahu gave a defiant rebuttal of the allegations in a statement broadcast on Israeli television on Tuesday evening. Netanyahu can remain in office as the process Attorney General makes a decision to indict, which will likely take months .

Ajax youngster names Arsenal & Man United among potential suitors
While comparisons between father and son will always be there, the current Dutch star is stylistically different to his dad. Arsenal , Tottenham , Chelsea or Manchester United are nice clubs where I can see myself playing in a few years.

Will Fiorentina continue the fight?
Another 16 goals brought Lorenzo Insigne, 13 goals went from Jose Callejon and 11 from Marek Hamšík. Forecasts Bookmakers consider Napoli as the main favorite - the coefficient for the victory of the hosts is 1.28.

3 Entertaining Ways to Improve Your Business Skills over the Coming Weeks
In both games and business meetings you may feel everything from frustration to elation, but the trick is to keep is all hidden. Play Poker While millions of people around the world may play poker solely for fun, you can also play to up your business game.