Fuad Hussein, Iraq's Foreign Minister, stated that his country incurred damages amounting to $60 billion during the recent U.S. war against Iran. This alarming figure reflects the extensive economic and social damages that Iraq has endured over the years.
Economic and Infrastructural Damages
The $60 billion damage to Iraq not only signifies direct financial losses but has also profoundly affected the country's infrastructure. In this war, many of Iraq's economic and industrial centers were targeted, which has severely slowed down the process of reconstruction and economic development.
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Fuad Hussein further stated: "Iraq has been affected by this war in various aspects. Infrastructure, industries, and even the daily lives of people have been impacted. These damages will have consequences not only for the coming years but also for future generations."
Social and Political Consequences
The economic damages resulting from the war have increased social pressures on the Iraqi people. Many families are unable to meet their basic needs due to economic problems, leading to public dissatisfaction and increased social tensions. Economic issues can lead to political instability and create new challenges for the Iraqi government.
Moreover, Fuad Hussein also referred to Iraq's security situation, adding: "The presence of foreign forces and ongoing tensions in the region have jeopardized Iraq's stability. We must seek diplomatic solutions and regional cooperation to prevent the recurrence of such events."
Many analysts believe that to compensate for these damages, Iraq needs international support and foreign investments. Undoubtedly, the reconstruction and revitalization of Iraq's economy will require significant time and financial resources.
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