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Japan commits $7b towards Iraq reconstruction fund
Australian Broadcasting Company ^ | October 24 2003 | Mark Simkin

Posted on 10/24/2003 8:41:22 AM PDT by knighthawk

The Japanese Government has pledged an additional $5 billion to help rebuild Iraq.

The pledge comes on the final day of a donors conference in Madrid, which has also seen commitments from the European Union, Saudi Arabia, Kuwait and Australia, among others.

Japan has already promised $2AU billion in aid to Iraq, and this new pledge takes its total commitment to $7 billion.

The World Bank believes the war-ravaged country need more than $50 billion of assistance over the next four years.

Japan's chief cabinet secretary, Yasuo Fukuda, says the money will be used to repair electricity supplies and telecommunications.

Tokyo is also expected to send non-combat troops to Iraq, possibly by the end of the year.


TOPICS: Japan; News/Current Events
KEYWORDS: donorconference; iraq; japan; reconstruction

1 posted on 10/24/2003 8:41:22 AM PDT by knighthawk
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To: MizSterious; rebdov; Nix 2; green lantern; BeOSUser; Brad's Gramma; dreadme; Turk2; keri; ...
Ping
2 posted on 10/24/2003 8:41:37 AM PDT by knighthawk (And we all cry for freedom with your fists in the sky)
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To: knighthawk
AND the World bank puts up $9.5B

Tom Daschle is deeply.........well you know.

3 posted on 10/24/2003 8:46:05 AM PDT by OXENinFLA
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To: knighthawk
Japan has been a true ally to the US. Funny how Germany and France have turned out and you see Japan helping out.
4 posted on 10/24/2003 8:46:13 AM PDT by bushfamfan
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To: bushfamfan
It helps when there are nukes on your doorstep. Still, the help is appreciated and should not be forgotten. They don't have to do this.
5 posted on 10/24/2003 8:48:47 AM PDT by arkfreepdom
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To: knighthawk
http://www.freerepublic.com/focus/f-news/1006453/posts

United Nations/World Bank Joint Iraq Needs Assessment(Official Report)
6 posted on 10/24/2003 8:53:04 AM PDT by OXENinFLA
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To: knighthawk
So this works out to an additional 3.5 Billion US (I'm assuming all relevent figures in the article are in Australian Dollars)
7 posted on 10/24/2003 10:15:27 AM PDT by Prodigal Son
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To: bushfamfan
I don't think it's odd how Germany and France turned out. They told us repeatedly they wanted no part of Iraq way before we ever launched Operation Iraqi Freedom. It's silly for us to get in a tiff over it now when we knew for a fact that it would be that way going in. I'm grateful for any nation that chips in anything- because the bottom line is nobody has to at all. If we weren't truly prepared to go it alone (which it becomes clearer and clearer we were not) we should never have jumped into the situation.
8 posted on 10/24/2003 10:19:37 AM PDT by Prodigal Son
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