BUDGETS AND REVENUES
US Confiscates Iraqi Funds, Urges Other Countries To Do The Same
US President Bush on 20 March issued an executive order to confiscate the funds of the Iraqi Government in the US which have been frozen since the 1991 Gulf War. The full text of the executive order is reproduced below. In a message to Congress President Bush said that he had exercised his authority to confiscate Iraqi funds with respect to the unusual and extraordinary threat to...