VOL. XLVII

No 01

5-January-2004

IRAQ RECONSTRUCTION

As EU Starts Payment to UN-Managed Fund For Iraqi Reconstruction

The EUs head office announced on 23 December that it had made its first contribution to the internationally managed trust fund for Iraqi reconstruction, releasing 8mn to assist the recently-named UN envoy to Iraq, RossMountain. The money, along with another 3mn contribution to the UN Development Program (UNDP) approved a week earlier, is part of the 200mn pledged from the EUs...