Calling HALLIBURTON! Iraq says it needs $100 Billion to rebuild [View All]

[Bluebear]

KUWAIT (Reuters) - Iraq needs around $100 billion over the next four to five years to rebuild its shattered infrastructure, a government spokesman said on Tuesday.

"The situation in Iraq surpasses Iraq's ability to finance development projects," Ali al-Dabbagh told a news conference in Kuwait during a meeting of officials from donor nations and the United Nations on Iraqi reconstruction and economic reform...

U.S. Deputy Treasury Secretary Robert Kimmitt said Washington will commit to new pledges of aid to Iraq again.

"I think the size of the pledges will be announced by the ministers at the ministerial meeting ...," Kimmitt added.

http://thestar.com.my/news/story.asp?file=/2006/11/1/worldupdates/2006-11-01T011829Z_01_NOOTR_RTRJONC_0_-274445-1&sec=worldupdates