| World Bank may return overseas employees to Iraq |
| MENAFN - 18/04/2006 |
(MENAFN) The president of the World Bank and one of the architects of the U.S. invasion of Iraq, revealed plans to send overseas employees to Iraq to aid in the rebuilding process, Bloomberg.com. Currently, The World Bank runs its Iraqi operations from Amman. The United Nations and the U.S.-led Coalition Provisional Authority estimated in 2003 Iraq's reconstruction costs through 2007 would be about $56 billion. The lender's head for Iraq based in Amman said that the World Bank has yet to grant a $500 million loan to Iraq, its first for 33 years, in the absence of a government able to sign the loan agreement. World Bank's employees in Iraq were relocated to Jordan after an August 2003 bombing near the bank's Baghdad headquarters killed at least 22 people. The bank has a consultant and about a dozen Iraqis working in the countr |
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