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Al-Hiti: States and companies engaged in the reconstruction of Iraq will begin its work once the formation of the government is completed

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Al-Hiti: States and companies engaged in the reconstruction of Iraq will begin its work once the formation of the government is completed

Post  claud39 on Sat Dec 15, 2018 8:38 am

https://www.alghadpress.com/news/%D8%A7%D8%AE%D8%A8%D8%A7%D8%B1-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9/184883/%D8%A7%D9%84%D9%87%D9%8A%D8%AA%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84-%D9%88%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AA%D8%B9%D9%87%D8%AF%D8%A9-%D8%A8%D8%A5%D8%B9%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%B3%D8%AA%D8%A8%D8%A7%D8%B4



Al-Hiti: States and companies engaged in the reconstruction of Iraq will begin its work once the formation of the government is completed






BAGHDAD / 

The head of Iraq Reconstruction Fund, Mustafa al-Hitti, on Saturday attributed the delay of donor countries in direct reconstruction to the holding of parliamentary elections and the choice of the new government, stressing that once the political situation stabilized and the completion of the cabinet cabal formation,



Al-Hiti said in a statement to "Al-Ghad Press" that "the Kuwait conference for the reconstruction of Iraq included two objectives, one documenting the damage and losses suffered by Iraq before the international community and this is the most important success, and the second World Bank's ratification of this document of damages and losses." 

He pointed out that "the participation of more than 70 countries in the Kuwait conference is evidence of its belief in the reconstruction of Iraq, in addition to the presence of more than 2500 companies to invest in Iraq and this means that the document has been adopted and became a reality." 

He added that "there are commitments by the States with 26 billion dollars as investment loans to work in Iraq and this is important." 

He attributed the delay in the implementation by States to "coincide with the Iraqi elections, and the government so far unstable, so most companies did not actually come to invest in Iraq for reconstruction."

He stressed that "the investors in Iraq are waiting for the stability of the Iraqi government to begin to implement its commitments," noting that "the presence of US companies in Iraq evidence of their interaction, and asked them to be more effective visits and the opening of workshops."

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Re: Al-Hiti: States and companies engaged in the reconstruction of Iraq will begin its work once the formation of the government is completed

Post  Jimplants on Sat Dec 15, 2018 9:20 am

Stability we have been looking for why they have not started the rebuild yet and here is the answer. With Iraq’s reputation for being master thieves hopefully a new government will be th answer the World is looking for. I know they have a plan in place for the World Bank to administer the funding. My term thieves is relative to any government entry . In my opinion the people in charge of any government always seem to do better than the people they say they are there to help

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