World Bank to Help Regions Recaptured from IS

By John Lee.

The World Bank is seeking to finance development projects in areas recaptured from Islamic State (IS, ISIS, ISIL) militants, according to a report from Reuters.

Regional vice president Hafez Ghanem (pictured) told the news agency he would also meet with Iraqi officials to discuss ways to help the government tackle its budget deficit when he visits Iraq this week.

"There are areas that the government liberated from [the Islamic State] but it suffers from a lack of infrastructure, education and health [services]. So I will try to see if we can help by financing projects to improve life in these areas."

(Source: Reuters)

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