Allies pledge billions for Iraq's reconstruction

In his speech at the Kuwait International Conference for the Reconstruction of Iraq (KICRI), being held in Bayan Palace in Kuwait, he urged the international community to deliver comprehensive aid to this country, saying that United Nations development programs should buoy anti-terrorism efforts and focus on human rights.

Germany said it would provide $US350 million in assistance.

Some would be turnkey projects, in which contractors would hand over facilities to Iraq, while others would be build-operate-transfer deals in which private firms would receive concessions to operate facilities.

Addressing the forum, Kuwaiti Emir Sheikh Sabah al-Ahmad Al Sabah pledged $2 billion towards the reconstruction of Iraq.

The Kuwaiti capital is hosting the second day of an worldwide conference aimed at raising funds for reconstructing Iraq, which is reeling from the Daesh terror group's campaign of death and destruction.

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"Iraq can not commence the mission of rebuilding itself without support, which is why we are all here today from all around the world, to stand by Iraq's side", Sheikh Sabah said. Saudi Arabia pledged $1.5 billion.

"The whole world owes you a debt for your struggle against the deadly global threat posed by Daesh", Antonio Guterres told the donors' conference in comments directed at the Iraqi delegation.

Saudi Foreign Minister Adel al-Jubeir made the pledge at a donor's conference at Bayan Palace in Kuwait City. The New York Times has suggested failure to obtain the vast sums needed for reconstruction represents "a humiliating blow for the Iraqi government" and could threaten the future of Iraq's Prime Minister, Haider Al-Abadi.

Mr Abadi also said Baghdad was seeking to restore confidence in an worldwide community suffering from donor fatigue.

"There are more than five million internally displaced persons in Iraq". Iran has provided Iraq with substantial support in the fight against Daesh backing the Popular Mobilisation Forces which now form part of the Iraqi Army.


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