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Foreign aid to Iraq

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Arab League Member State of the Arab League


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Foreign aid to Iraq has increased to handle reconstruction efforts.

In 2004 the U.S. Agency for International Development was responsible for awarding contracts totaling US900ドル million for capital construction, seaport renovation, personnel support, public education, public health, government administration, and airport management. The World Bank committed US3ドル billion to US5ドル billion for reconstruction over a five-year period, and smaller commitments came from Japan, the European Union, Britain, and Spain. Russia canceled 65 percent of Iraq's debt of US8ドル billion, and Saudi Arabia offered an aid package totaling US1ドル billion. Also, Iran has been accused of giving some monetary support to individual political parties. Some US20ドル billion of U.S. 2004 appropriations for Iraq were earmarked for reconstruction. Effective application of such funds, however, depends on substantial improvement in infrastructural and institutional resources. Because Iraq's international debt situation had not been elaborated in 2005, for the foreseeable future U.S. funds are expected to pay for capital investments in rebuilding.

Funding programs

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See also

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Public Domain This article incorporates text from this source, which is in the public domain. Country Studies. Federal Research Division.

Iraq Iraq topics
Chronology
638–1958
Republic
Demographics
General

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