Iraq Business News: Iraq Pledges $15m to Sudan, Yemen

Iraq Business News
All the latest business news from Iraq
Iraq Pledges $15m to Sudan, Yemen
Nov 2nd 2012, 19:59

By John Lee.

The Iraqi government has decided to grant both Sudan and Yemen a total of $15 million.

The Republic of Sudan is to get $10 million in the form of direct funding to Sudan’s federal budget for FY 2013.

“The funds will be channeled to the post-conflict rehabilitation in Darfur region, west Sudan,” Iraqi Government Spokesman Ali Al-Dabbagh (pictured) told reporters.

The cabinet pledged to donate $5 million to Yemen to relieve economic difficulties.

The cabinet also decided to meet the pledges to the humanitarian relief fund for Syria and other neighboring countries amounting to $10 million.

The funds will be covered by the emergency appropriations set aside in Iraq’s budget for the FY 2012.

(Source: KUNA)

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