Chekhov's Mistress
UN/World Bank Estimated $55 billion for Iraq Reconstruction over Four Years
I recently posted this on the page that I write at the Foreign Policy Association:
After the reception of President Bush’s request for help at the UN General Assembly in September, the Donor Conference for Iraq is not expected to be wildly successful in terms of raising international funds for reconstruction. Still, according to a report issued jointly by the UN and World Bank, $55 billion will be needed between 2004 and 2007. A large chunk of that will go toward such basic necessities as electrical and sanitation infrastructure. While some of the needs will be accounted for by oil revenues, press reports indicate a huge shortfall. The Donor Conference will be held in Madrid on October 24-25th.
Links:
UN/World Bank Present Iraq Reconstruction Needs To Core Group“, World Bank
IMF/World Bank information at the Foreign Policy Association
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About this Post
- Posted by: Bud Parr
- Date: October 03, 2003
- Filed Under:
Dismal/Dismaler: Econ/Politics
- Comments:0
- Links to this Post: Technorati
