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$30bn pledged for Iraq reconstruction: Kuwait FM

$30bn pledged for Iraq reconstruction: Kuwait FM

February 14, 2018 | 06:57 PM
UN Secretary General Antonio Guterres (right) attends a press conference with Kuwaiti Foreign Minister Sheikh Sabah al-Khaled al-Sabah and Iraqi Foreign Minister Ibrahim al-Jaafari at the conclusion of the Kuwait International Conference for Reconstruction of Iraq, at Bayan Palace in Kuwait City on Wednesday.
Iraq received pledges on Wednesday totalling $30bn at an international conference for reconstruction of the war-torn country, the host Kuwait announced.
"The commitment of the international community at the conference was clear," said Kuwaiti Foreign Minister Sheikh Sabah al-Khaled al-Sabah, adding that 76 countries, numerous international funds and global organisations had made pledges.Baghdad says it needs nearly $90bn to rebuild after a three-year war with the Islamic State group that devastated homes, schools, hospitals and economic infrastructure."We were hoping for more," Iraqi Foreign Minister Ibrahim al-Jaafari told AFP. "We are not disappointed, but the amount was less than expected," he added.
February 14, 2018 | 06:57 PM