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FINANCIAL NEWS
Iraq to launch 10-year plan to rebuild war-damaged areas
06 Sep 2017
(MENAFN) According to an Iraqi news network, the country had approved a plan to rebuild the areas damaged by war, and it will be launched in 2018 to continue for 10 years.
Member of Parliament Harith Al-Harithy confirmed that the plan included spending large funds even though there are shortages in cash, due to weak oil prices and high war costs.
And he said: “The government has devised a 10-year plan for reconstruction to be launched in 2018″the plan involves the spending of massive funds and will concentrate on rebuilding the infrastructure and cities liberated from Daesh.”
However, the plan called the Reconstruction Fund for Areas Affected by Terrorist Operations will have small amounts of money made for it.
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