Iran News ...


7/20/05

International donors stress reconstruction in Iraq

Tehran, July 20, IRNA-A two-day conference on reconstruction in Iraq, bringing together the United Nations, the international donor community, the World Bank and the International Monetary Fund (IMF), ended in Jordan Tuesday with a strong emphasis on Iraqi leadership of the process.

"We will now go forward in the next six months with clear key priorities to make a difference for the people of Iraq in their every day lives," Secretary-General Kofi Annan's Deputy Special Representative for Humanitarian, Reconstruction and Development Affairs in Iraq, Staffan de Mistura, said at the close of the fourth donor meeting of the International Reconstruction Trust Fund Facility for Iraq (IRFFI), held on the shores of the Dead Sea.

International donors established IRFFI at the 2003 Madrid Conference to provide reconstruction assistance in a coordinated and effective manner.

The IRFFI has two trust funds, separately administered by the World Bank and the UN in close coordination with the Iraqi authorities and donors.

Chaired by Canada, the meeting brought together representatives of the IRFFI Donor Committee, comprising donors whose paid-in contributions to either or both of the trust funds amount to a minimum of $10 million per donor.

There are 19 members. Over 400 delegates from 60 countries and organizations, including the UN Development Group (UNDG), the World Bank and the IMF, participated.

To date, international donors have committed a total of $1 billion to the two trust funds.

"The World Bank will intensify efforts to support Iraq in providing basic services and deliver results on the ground," Joseph Saba, World Bank Country Director for Iraq, said.

"We work to prevent poverty and encourage job creation through economic growth."

IRFFI's Donor Committee meets on a semi-annual basis to provide strategic guidance, review progress, coordinate efforts, and ensure coherence with Iraqi priorities.

... Payvand News - 7/20/05 ... --



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