World Bank agrees to provide aid to Iraq worth $ 350 million
World Bank agrees to provide aid to Iraq worth $ 350 million
07/09/2015 14:13 GMT
Follow-up – and babysit –
World Bank announced on Thursday, it agreed to provide financial aid worth $ 350 million to support rebuilding the infrastructure in Iraq, and between that part of the expanded program is implemented for five years in the provinces of Salahuddin and Diyala aid.
The World Bank said in a press statement that “the World Bank Board approved a package of financial aid worth $ 350 million to support rebuilding the infrastructure in Iraq and to restore public services and put the economy on recovery in areas receded by conflict path.”
The bank added that “the emergency Iraq operations for development aims to respond to the crisis caused by the security situation and the sharp drop in world oil prices,” adding that it “part of the expanded program will be implemented for five years in the two affected provinces of Salahuddin, Diyala and in the seven cities of Tikrit and the role and Dhuluiya, Scientific and Jalawla and Saadia and great. ”
For his part, he said the World Bank for the Orient manager Farid Belhaj, said that “this challenge of great practical importance where the bank will play its role fully accept the risk associated with the situation fragile”, stressing said “The project focuses on the immediate improvement of basic services in areas in areas destroyed needs Because of the conflict and improve the relationship between the citizen and the state through the vital participation “.
The Ministry of Finance announced, in (July 2, 2015), the World Bank’s intention to provide a loan to Iraq worth $ 1.7 billion, as pointed out the allocation of $ 350 million of the loan within the reconstruction of the liberated areas of the organization “Daash” operations.
M.a
alrayy.com
