VOL. XLVI

No 33

18-August-2003

IRAQ

IRAQ RECONSTRUCTION

No Decision Yet On How To Deal With $700Mn Iraqi Funds In Jordan

Jordanian Finance Minister Michel Marto denied earlier this month that his government had used the $700mn in Iraqi funds held in Jordan to compensate Jordans private sector for outstanding debts from Iraq. Mr Marto made this comment despite a former promise of compensation made by the Jordanian government and media reports, that the funds would be used in this way. The financial...