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Iraq facing inability to rebuild due to lack of financial assistance
Reconstruction works continue in Mosul, Iraq.
Reconstruction works continue in Mosul, Iraq. Photo: Yunus Keles / Anadolu Agency / Getty Images

The Iraqi government requested $88 billion to help them rebuild after ISIS militants left millions displaced and parts of the country in ruins. On Tuesday, allies had offered less than 5% of that, the New York Times reports.

A conference focused on rebuilding Iraq ends Wednesday, and things don't look good. On Tuesday, there was "barely $4 billion pledged," the Times reports. Saudi Arabia, Qatar, Kuwait, and the United Arab Emirates all pledged around $1 billion, per the Times. The U.S. did not pledge anything.

  • A big concern: A country struggling to rebuild is a potential playground for extremism.