Reconstruction hopes hinge on Kuwait conference
The 2018 draft budget allocates a tiny fraction of the funding needed to rebuild from the IS war; for the rest, Iraq is seeking international donations and investment.![](https://cdn.iraqoilreport.com/wp-content/uploads/Mosul-6-800x425.jpg)
Residents of Mosul's Musharifa neighborhood line up to receive food and water supplies distributed by the Ninewa Guard forces on May 29, 2017. (RAWAZ TAHIR/Iraq Oil Report)
BAGHDAD/MOSUL - Iraq is counting on an upcoming international donor conference in Kuwait to bring in $100 billion to jump-start reconstruction in areas liberated from the self-proclaimed Islamic State (IS) group.
The conference is especially important to Iraq's economic future because, despite its oil wealth, the government spends so much on public-sector salaries that there is little money left for investment.
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