Foreign aid to Iraq
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 Iraq portal |
Foreign aid to Iraq has increased to handle reconstruction efforts.
In 2004 the
Britain, and Spain. Russia canceled 65 percent of Iraq's debt of US$8 billion, and Saudi Arabia offered an aid package totaling US$1 billion. Also, Iran
has been accused of giving some monetary support to individual political parties. Some US$20 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
See also
External links
- USAID Assistance for Iraq
- Iraq Inter-Agency Information & Analysis Unit Reports, Maps and Assessments of Iraq's Governorates from the UN Inter-Agency Information & Analysis Unit
This article incorporates text from this source, which is in the public domain. Country Studies. Federal Research Division.
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