Middle East Economic Survey

VOL. XLVII

No 23

07-June-2004

IRAQ RECONSTRUCTION

US Senate Approves $25Bn Emergency Military Funds For Iraq, Afghanistan

The US Senate on 3 June approved a $25bn emergency request to fund military operations in Iraq and Afghanistan amid climbing costs due to increased security problems in both countries. The money is separate from a $392bn defense spending bill which is being debated in the Senate for fiscal year 2005. The funds are vital for Iraq where military costs...