Affected Areas Fund: We are working on obtaining {grants} for the Kuwait Conference
Thursday 19 November 2020 57
Baghdad: Morning
The Liberated Areas Reconstruction Fund is working to obtain the funds granted to Iraq at the Kuwait conference. Fund President Muhammad Hashem Al-Ani told “Awa”: “The funding is still below the level of ambition, and it does not fill all projects, so we are now working on two different sides, namely the investment budget. And grants and loans, "stressing that" the reconstruction of the liberated areas is still continuing and slow, due to the funding deficit. "
He added, "The works that these areas need are very large, especially since there is a large percentage of damage in some provinces, and therefore they need very high financing."
He pointed out to work on "preparing the full requirements for the purpose of restoring stability and the displaced to these areas, which is our primary goal in establishing this fund."