After Islamic State’s defeat, a massive bill to rebuild Iraq
(Worthy News) – The Iraqi government estimates $100 billion is needed nationwide to rebuild cities and towns left in ruins by more than three years of war against the Islamic State group. Local leaders in Mosul, the biggest city held by IS, say that amount is needed to rehabilitate their city alone.
But so far, no one is offering to foot the bill.
The Trump administration has told the Iraqis it won’t pay for a massive reconstruction drive. Iraq hopes Saudi Arabia and other Gulf countries will step up, and Iran may also take a role. The U.N. is repairing some infrastructure in nearly two dozen towns and cities around Iraq, but funding for it is a fraction of what will be needed. [ Source: Fox News (Read More…) ]
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