Iraq's reconstruction will cost $88.2 billion, planning ministry says

Reuters News
Posted: Feb 12, 2018 3:05 AM

KUWAIT (Reuters) - Rebuilding Iraq after years of war and economic turmoil will cost $88.2 billion, the director-general of the country's planning ministry, Qusay Abdulfattah, told an international conference in Kuwait on Monday.

About $22 billion will be required in the short term and $65 billion in the medium term, Adulfattah said at the conference, which was arranged to discuss Iraq's reconstruction. The housing sector has the most urgent need for funds, he added.

Hold The Damn Vote Already
Derek Hunter

(Reporting by Maher Chmaytelli and Ahmed Hegagy; Writing by Noah Browning; Editing by Andrew Torchia)