|Feb 2018 Kuwait Conference (AFP/Getty Images)|
A year ago Kuwait hosted a three day conference to raise money for Iraq. Originally promoted as a way to obtain funds for the rebuilding of the country after the conclusion of the war with the Islamic State, it eventually morphed into a general investment meeting to help develop the economy as well. Before the meeting the Planning Ministry estimated that Iraq needed $45.7 billion to repair war damage, and $88 billion overall for reconstruction and promoting economic growth. Iraq received around $30 billion total falling far short of expectations. Since then little of that money has actually been spent due to a variety of issues.