Donors examine billions of dollars in aid for Iraq
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TOKYO: Donors to Iraq&#39;s reconstruction are examining billions of dollars in aid pledges that have gone mostly unused amid an insurgency, as the interim government appealed for firmer world support.
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The international donors from 55 international organization and countries have gathered for two-days meeting in Tokyo. Approximately $14 billion were promised by foreign givers in last yearâs gathering in Madrid.
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The U.S. wars in Iraq and Afghanistan could cost taxpayers a total of $2.4 trillion by 2017 when counting the huge interest costs because combat is being financed with borrowed money, according to a study released on Wednesday.
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The International Monetary Fund (IMF) has approved an emergency loan of $436m (Â£232m) to Iraq, the first from an international organisation.
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CAIRO -- Private Saudi citizens are giving millions of dollars to Sunni insurgents in Iraq and much of the money is used to buy weapons, including shoulder-fired antiaircraft missiles, according to key Iraqi officials and others familiar with the flow of cash.
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From the Philippines to Iraq, money talks and American commandos want to keep on handing out the dollars.
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up to $125 billion (70 billion pounds) as the only way to relieve Iraq of its crushing financial burden. Minister Barham Salih told the donors on Wednesday.
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Iraq, the United Nations and foreign   donors met on Sunday to prepare a road map for the   reconstruction of Iraq and try to make the country economically   self-sufficient within five years.
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Increasing production and higher oil prices mean Iraq could see an influx of extra reconstruction money, a report says.
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U.S. and Iraqi officials doled out hundreds of millions of dollars in oil proceeds and other moneys for Iraqi projects earlier this year, but there was little effort to monitor or justify the expenditures, according to an audit released Thursday.
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The economic cost of the Iraq war may be larger than what has actually been spent directly on the war.
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The Bush administration is hammering out its largest-ever appeal for more Iraq war funds &#151; a record $100 billion, at least, and that figure reflects cuts from wish lists originally circulating around the Pentagon.
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The new U.S. ambassador to Iraq wants  to shift $3.37 billion in aid earmarked for water, sewage and  electricity projects in the country to efforts to improve  Iraq's security and oil output and create more jobs, the Wall  Street Journal reported Monday.
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The United Nations said that aid promised from around the world in response to Asia's tsunami disaster was now up to four billion dollars, as Australia, Germany and the IMF pledged yet more cash ahead of a key donors' conference.
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The U.S. has paid out millions to help Iraqis rebuild their war-damaged homes. But cash is limited and the process can be slow
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WASHINGTON -- At least $8.8 billion in Iraqi funds given to Iraqi ministries by the former US-led authority there cannot be accounted for, according to a draft US audit set for release soon.
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Hundreds of millions of dollars in  private U.S. donations are pouring in to help victims of Asia's  tsunami, from children donating pocket money to big spenders  giving seven-figure sums, said aid groups on Monday.