France pledges €1bn in aid to rebuild Iraq

BAGHDAD: French Foreign Minister Jean-Yves Le Drian says France is committing €1 billion ($1.15 billion) to help Iraq rebuild after its war against Daesh.

Le Drian, meeting with his Iraqi counterpart in Baghdad on Monday, said the aid would go to rebuilding Iraq’s most devastated areas.
Iraq’s Planning Ministry has estimated the cost of reconstruction at $88 billion. Iraq was able to raise $30 billion at a donor conference in Kuwait last year.
Iraqi Foreign Minister Mohamed Alhakim thanked France for its assistance to Iraq’s minority Yezidi community. Daesh militants enslaved and killed thousands of Yezidis during their brief reign in north Iraq earlier this decade.
France is a member of the international coalition that territorially defeated the group in Iraq and Syria.

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