Foreign aid to Iraq

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Iraq

Image:COA of Iraq.svg This article is part of the series: Politics and government of Iraq

Constitution Presidency Council President (Jalal Talabani) Council of Ministers Prime Minister (Nouri al-Maliki) Government from 2006 Council of Representatives of Iraq Speaker (Mahmoud al-Mashhadani) Iraqi High Tribunal (judiciary) Political parties Elections Electoral Commission Legislative: Jan 2005 Dec 2005 Constitutional referendum Governorates Districts Regions Foreign relations Human rights Minority politics Foreign aid

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Foreign aid to Iraq has increased to handle reconstruction efforts.

In 2004 the U.S. Agency for International Development was responsible for awarding contracts totaling US$900 million for capital construction, seaport renovation, personnel support, public education, public health, government administration, and airport management. The World Bank committed US$3 billion to US$5 billion for reconstruction over a five-year period, and smaller commitments came from Japan, the European Union, Britain, and Spain. Russia canceled 65 percent of Iraq’s debt of US$8 billion, and Saudi Arabia offered an aid package totaling US$1 billion. Also, Iran has been accused of giving some monetary support to individual political parties. Some US$20 billion of U.S. 2004 appropriations for Iraq were earmarked for reconstruction. Effective application of such funds, however, depends on substantial improvement in infrastructural and institutional resources. Because Iraq’s international debt situation had not been elaborated in 2005, for the foreseeable future U.S. funds are expected to pay for capital investments in rebuilding.

[edit] Funding programs

• Development Fund for Iraq
• Iraq Relief and Reconstruction Fund

[edit] External links

• USAID Assistance for Iraq

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This article contains material from the Library of Congress Country Studies, which are United States government publications in the public domain.