VOL. XLVI

No 36

08-September-2003

IRAQ

IRAQ RECONSTRUCTION

Bush Mulls Spending Plan As Frozen Iraqi Funds Dry Up, Reconstruction Costs Spiral

As pressure grows to bolster military operations in Iraq following the bombings of the Jordanian embassy and the UN headquarters in Baghdad, and the assassination of SCIRI leader Ayatollah Muhammad Baqir al-Hakim, the Bush administration is drawing up a spending plan that could cost up to $65bn. One leading proposal would apparently provide $55bn to the...