VOL. XLVII

No 18

03-May-2004

IRAQ

Hafidh Says Capital Expenditure In Iraqs Oil Sector Must Be Priority

Capital expenditure in Iraqs oil sector must be a priority for the future rehabilitation of the country, according to Mahdi Hafidh, Minister of Planning and Development Cooperation, and Chairman of the Iraqi Strategic Review Board for Reconstruction. Addressing the World Bank Poverty Reduction and Economic Management Meeting in Washington DC on 27 April, Dr Hafidh described oil as the goose that...