(August 23, 2004) U.N. Secretary-General Kofi Annan backs a permanent U.N. body that would provide reparations for victims of wars.
(August 18, 2004) Chancellor Schroeder said today that the German government is ready to "substantially" reduce Iraq’s debts to Germany to ensure more funds were put to the post-war reconstruction of the country.
(August 13, 2004) In a review of countries in protracted arrears to the IMF, the Fund said emergency post-conflict funding for Iraq would be approved once it had paid off an $80 million debt to the IMF.
(August 10, 2004) The head of an independent panel investigating corruption in the United Nations’ "oil-for-food" program for Iraq says it may take another year to produce its main findings.
(August 2, 2004) Some send emissaries in secret, some host seminars, all seek a relationship.
(July 28, 2004) Congressional committees investigating allegations of corruption and mismanagement in the United Nations oil-for-food program in Iraq are at odds with the organization’s own inquiry over access to records and personnel.
(July 18, 2004) The Netherlands is prepared to grant Iraq debt relief on some of the 245 million euros ($302.6m) it is owed in export credit and interest, a Dutch minister was quoted as saying.
(July 16, 2004) A UN-backed watchdog has reported weak controls over Iraqi oil riches under the US-led occupation, including use of the money for a no-bid Halliburton contract.
(July 15, 2004) A House committee has issued a subpoena for financial records from a French bank that managed billions of dollars in Iraqi oil revenue through a U.N.-administered humanitarian program.
(June 14, 2004) The secretary general of the U.N. tapped me on the shoulder at a recent luncheon and said, “May I have a word with you?”
(July 9, 2004) In a bid to establish a bond market and kickstart Iraq’s local capital markets, Iraq’s Finance Ministry intends to auction 150 billion dinars ($103 million) of treasury bills on July 18.
(July 9, 2004)The Iraqi government expressed confidence on Wednesday that global lenders would write off its huge $120-billion foreign debt, helping to rebuild Iraq’s war-ravaged economy and revive the vital oil sector.
(July 9, 2004) Judging by diplomatic statements the whole world is now eager to help Iraq.
(July 8, 2004) Iraq’s Finance Ministry will auction IQD150 billion ($103 million) of treasury bills (T-bill) on July 18, 2004, Reuters reported. The T-bill issue would be used to repay outstanding debt issued by Saddam Hussein’s regime.
(July 8, 2004) The Iraqi government expressed confidence that global lenders would write off its huge $120 billion foreign debt, helping to rebuild Iraq’s economy and revive the vital oil sector.