In cooperation with World Bank, Kuwait will host an international summit in February for the reconstruction of Iraq as declared by its officials yesterday.
The deputy foreign minister of Kuwait “Khalid Al Jarallah” said the stability of Iraq is a key factor in the stability of Kuwait and the whole region. He said that despite old conflicts between both countries, it is a moral and humanitarian duty of Kuwait to assist its Arab neighbour, Iraq.
The conference will be held from the 12th to the 14th of February. According to Jarallah, the second day of the event will be devoted to the private sector and civil society organisations.
In the same respect, the secretary general of Iraq’s Council of Ministers “Mehdi Al Alaq” said that Iraqi government and the World Bank have estimated that the reconstruction program would cost around $100 billion.
Last week, the International Organization for Migration said that by the end of 2017, more than 3.2 million Iraqis returned home, but still, 2.6 million people are displaced. About third the returned refugees found their houses completely or partially damaged.
Damages didn’t inflict residential units only, but it affected many other sectors including oil, electricity, transport, communications, manufacturing infrastructure, and other.