Published: Thu, February 15, 2018
Global Media | By Derrick Guzman

Reconstruction After War With ISIS Will Cost $88 Billion, Says Iraq

Reconstruction After War With ISIS Will Cost $88 Billion, Says Iraq

The United States will be a main absentee from plans to contribute to Iraq's finances, USA officials say as Baghdad seeks to rebuild the country following a devastating battle against the Daesh Takfiri terrorist group.

Iraq has issued an urgent appeal for billions of dollars of worldwide aid to rebuild areas devastated by a 3-year battle with the Islamic State militant group.

The director general of Iraq's Planning Ministry, Qusay Adulfattah, said the country would need some $23 billion in the short term and more than $65 billion in the medium term.Daesh controlled nearly a third of Iraq at the peak of its devastating campaign.

Iraq declared victory over ISIS in December, having taken back all the territory captured by the group in 2014 and 2015.

Kuwait has opened a week of conferences seeking aid for rebuilding Iraq after the onslaught of the Islamic State group.


While the USA will not make any new direct aid pledges at the conference, Secretary of State Rex Tillerson is expected to announce an over $3 billion financial package, an American official said.

Clean-up crews in Mosul, Iraq, after the city was recaptured from the Islamic State in July previous year.

Iraq needs almost $90 billion to rebuild after three years of war with the Islamic State group, officials said Monday, with large parts of the country in ruins and tens of thousands left homeless.

The housing sector has the most urgent need for funds, said Raja Rehan Arshad, the lead disaster risk management specialist for the World Bank.

"If the global community doesn't help the government of Iraq to stabilize these areas [devastated by the war] the gains against Daesh could be at risk", she said, using the Arabic acronym for ISIS.


Authorities from global organizations and foreign nations crowded into conferences in Kuwait City on Monday.

"I have come to tell you of France's support to accompany you".

A USA -led invasion toppled Saddam Hussein in 2003 and was followed by years of insurgency, sectarian bloodletting between Sunnis and Shias, as well as ethnic tensions between the Arabs and Kurds, all before ISIS emerged in 2014. We will always be there. "We will also be there in the reconstruction phase", he said.

"We hope French expertise will be used for the reconstruction", Iraq's Foreign Minister Ibrahim al-Jaafari replied.

"If the worldwide community doesn't help the government of Iraq to stabilise these areas (devastated by the war) the gains against Daesh could be at risk", she said, using the Arabic acronym for Islamic State. It fought Iran for most of the 1980s and invaded Kuwait in 1990, leading to defeat by a USA -led coalition and more than a decade of sanctions.


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