VOL. XLVI

No 17

28-April-2003

IRAQ/US

BUDGETS AND REVENUES

US Federal Reserve Flies Millions Of Dollars To Iraq

The US Federal Reserve is flying millions of dollars into Iraq in order to pay civil servants and start the rebuilding process, according to statements from US officials on 17 April. Washington was set to start paying up to 2.5mn Iraqi civil servants $20 per person sometime soon. Until a new currency unit is introduced Iraqis will use the US dollar and the currencies (Saddam dinar and...