Wednesday, October 13, 2004

:: Xinhuanet - Iran offers 10 mln dollars to Iraq at donors meeting

:: Xinhuanet - English ::: "Iran offers 10 mln dollars to Iraq at donors meeting 2004-10-13 20:57:15

TOKYO, Oct. 13 (Xinhuanet) -- Iran offered 10 million US dollars for Iraq's reconstruction on Wednesday at a two-day international donors meeting held here.

Akio Shirota, ambassador in charge of Reconstruction Assistanceto Iraq announced the new contribution at a press conference afterthe donors concluded their first day meeting.

Also, the World Bank and Iraq signed the same day an agreement that the international lender will extend 60 million grant to the war-torn nation for building over 100 schools and repairing 140 ones.

This is the first meeting of the International Reconstruction Fund Facility for Iraq (IRFFI) following transfer of Iraq's sovereignty at the end of June.

The delegates also discussed the political and security situations in Iraq at the meeting, said Shirota.

The IRFFI was formed February in Abu Dhabi. The one-billion-dollar fund was overseen by a 13-member committee consisting of donors that contributed over 10 million dollars.

Ross Mountain, United Nations Deputy Special Representative of Secretary General for Iraq, showed satisfaction on the rebuilding process despite the unstable security situation."


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