Middle East Economic Survey
VOL. XLVII
No 27
05-July-2004
IRAQ RECONSTRUCTION
World Bank Recognizes Interim Iraqi Government
The World Bank on 29 June announced that it was recognizing the Interim Iraqi Government as the legitimate, de jure government of Iraq, paving the way for the resumption of lending to the country. All that remains for the banks full re-engagement with Iraq is the repayment of arrears of around $100mn, and an improvement in the security situation the bank has worked from...
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