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Iraq
Iraq donors to meet Sunday in Abu Dhabi
2006-09-08
DUBAI, United Arab Emirates - Iraq will seek critical financial support from American, European and Arab governments in a donor conference Sunday in the Emirates capital Abu Dhabi, the United Nations said on Thursday. The UN and organizations including the World Bank and International Monetary Fund will attend the one-day meeting, in which Iraq is expected to outline economic reforms it will make in exchange for pledges of economic support for the embattled government.

The meetings are part of the US- and UN-backed International Compact for Iraq, a five-year plan to bring peace and development to violence-wracked Iraq, while ensuring the government has the funds to survive and carry out urgent economic reforms.
And without infringing on Iraqi sovereignity as the Dhimmicrats have demanded.
The Abu Dhabi meeting is in preparation for a full international conference to collect pledges of financial support for Iraq. Participants are working to estimate the amount of financial support Iraq needs through 2012 to rebuild its economy. The estimate includes money that Iraq can be expected to raise, primarily through oil exports. Any deficit would be made up by international donors.

France and Germany, two countries that opposed the US-led Iraq war, are expected to participate. SundayÂ’s meeting will be followed by a high-level UN summit in New York on Sept. 18.

The compact was set up in June at the request of Iraqi Prime Minister Nouri al-Maliki. Both he and Bush have called for more international help rebuilding IraqÂ’s economy, seen as key to reversing the countryÂ’s slide into chaos and civil war. The participants in the Compact include the United Arab Emirates, United States, Britain, the European Union, France, Germany, Italy, Spain, Japan, South Korea, Saudi Arabia and Kuwait

A donorÂ’s conference for Iraq held in Madrid in 2003 raised pledges for $13.5 billion but so far only $3.5 billion to $4 billion of that amount has made its way to Iraq. Kimmitt said in July he would press donors to make good on their pledges.
Posted by:Steve White

#2  Apologies from the MSM as soon as Iraq promises to rebuild their cities into "chocolate cities".
Posted by: Thoth   2006-09-08 01:03  

#1  I'm anxiously awaiting the torrent of apologies from the MSM. Not.
Posted by: gorb   2006-09-08 01:01  

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