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$88b Sought to Rebuild Iraq After ISIS Siege
By Malak Harb

(AP) -- Kuwait on Monday opened a week of meetings to raise $88.2 billion in international aid to rebuild Iraq after the Islamic State onslaught there.

Authorities estimate Iraq needs that much to restore areas smashed after the Sunni extremists seized the country's second-largest city of Mosul and other territory in June 2014.

While the United States will not make any new direct aid pledges at the conference, Secretary of State Rex Tillerson is expected to announce a financial package of more than $3 billion, an American official said.

Far more money will be needed, Iraqi officials say. "We finished one battle but we are engaged now with a war for reconstruction," said Mustafa al-Hiti, the head of Iraq's reconstruction fund for areas affected by terrorist operations.

Among the hardest-hit areas is Mosul, which Iraqi forces, aided by Iranian-backed Shi'ite militias and a US-led coalition, recaptured in July 2017. Their victory came at a steep cost for Mosul, as coalition airstrikes and extremist suicide car bombs destroyed homes and government buildings.

Of the money needed, Iraqi officials estimate $17 billion alone needs to go toward rebuilding homes, the biggest single line item offered Monday on the first day of meetings. The United Nations estimates 40,000 homes need to be rebuilt in Mosul alone.

"The majority of the damage was to western Mosul as it went through one of the worst and fiercest battles in history," said Nofal al-Akoub, the governor of Iraq's Nineveh province. It "led to the total destruction of its infrastructure."

Akoub said $42 billion was needed for his province alone, as it is home to Mosul. Iraq needs some $20 billion now to begin its reconstruction, Hiti said.

The war against the Islamic State displaced more than 5 million people. Only half have returned to their hometowns in Iraq.

However, officials acknowledge a feeling of fatigue from international donors, especially after the wars in Iraq and Syria sparked the biggest mass migration since World War II.

President Trump himself on Monday tweeted that America was "so stupidly spending $7 trillion in the Middle East, it is now time to start investing in OUR country."

Billions of dollars poured into Iraq after the 2003 US-led invasion that toppled dictator Saddam Hussein, with what feels now like little visible effect.

While Iraq is OPEC's second-largest crude producer and home to the world's fifth-largest known reserves, it says it needs $7 billion to repair its oil and gas fields. It has struggled to pay international firms running them.

The United States alone spent $60 billion over nine years -- some $15 million a day -- to rebuild Iraq.

Around $25 billion went to Iraq's military, which disintegrated during the lightning 2014 offensive of the Islamic State, which grew out of Al Qaeda in Iraq. US government auditors also found massive waste and corruption, fueling suspicions of Western politicians like Trump who want to scale back foreign aid.

The $3 billion package now planned for Iraq from the Americans would come from the Export-Import Bank of the United States, according to a US official. The official said the package would be structured so that the initial amount could rise to as much as $5 billion over several years. The official spoke on condition of anonymity to discuss the package prior to its announcement.

That money would include loans, loan guarantees, and insurance devices to encourage US investment in Iraq. It marks something of a turnaround for Trump, who railed against the government agency during his 2016 campaign.

Even in Kuwait, some social media users questioned the focus on Iraq, asking why more wasn't being done in their own country.

The Middle East as a whole, especially countries like Kuwait whose deep pockets rely on oil production, has taken a hit in recent years as energy prices crashed and only recently began regaining ground.

Kuwait, hosting the conferences this week, has a deep interest in seeing a stable Iraq, especially after Baghdad's 1990 invasion of their small, oil-rich emirate, an operation ordered by Hussein.

Kuwait announced that $330 million had been pledged for Iraq by Monday at a humanitarian conference in Kuwait City.

That money is desperately needed, as more than 4 million children are in need of humanitarian assistance while 3 million are unable to regularly go to school in Iraq, said Geert Cappelaere, UNICEF's regional director for the Middle East and North Africa. One in four Iraqi children across the country live in poverty in the nation of 37 million people.

"There may be donor fatigue, but no one today can tell me there isn't money. There is money to continue fighting, there is money to continue agendas that are not serving children," Cappelaere said. "What we are asking today is to put that money where children's interests are and we may get in the Middle East a much brighter future."

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