VOL. XLVI

No 28

14-July-2003

IRAQ

IRAQ RECONSTRUCTION

Bremer Announces $6.4bn Iraqi Budget For 2003; New Banknotes In October

The Administrator of the Coalition Provisional Authority (CPA), Paul Bremer, on 7 July announced in a television address to the Iraqi people that a ID9 trillion ($6.4bn at an exchange rate of $1 = ID1,400) budget for the remainder of 2003 has been approved. Mr Bremer said that restarting the countrys broken economy and creating jobs for Iraqis is a key goal of the CPA,...