VOL. XLVI

No 22

2-June-2003

IRAQ

IRAQ RECONSTRUCTION

$23Bn Available To Iraq Before End-2003

MEES estimates indicate that a total of some $23bn will be available to cover the humanitarian and initial reconstruction needs of Iraq before year-end 2003. A large proportion of the funds will come from the UN Office of the Iraq Program ($11.1bn), projected Iraqi oil revenues until the end of the year ($4.5bn) and Iraqi funds frozen by the US and other governments ($4bn). The figure is a significant...