Iraq wants reconstruction funding accelerate
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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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Iraq's stagnant economy and lack of employment opportunities are feeding instability in the violence-torn country, hindering prospects for prosperity, Prime Minister Iyad Allawi said on Monday.
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The Bush administration,  facing  mounting violence in Iraq and demands for upgraded equipment,  is assembling a funding package for operations in Iraq and  Afghanistan that could surge beyond earlier estimates to as  much as $75 billion to $100 billion, congressional sources and  experts said on Thursday.
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Iraq is planning to spend more than $1 billion in 2005 to boost its oil production capacity by about 15 percent to 3.25 million barrels a day, an Iraqi official said.
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Iraq could plunge into still deeper  chaos unless billions of dollars the international community  has pledged for rebuilding are spent quickly, the Baghdad  government will warn this week.
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Baghdad - Iraq urged the international community on Wednesday to play an active role in rebuilding the war-shattered nation at a donors conference in Tokyo as a Baghdad bombing killed three US soldiers in the latest wave of violence.
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Iraq&#39;s deputy prime minister on Wednesday called on the international community to increase the flow of aid and speed up the implementation of projects to help rebuild the war-torn country.
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Iraq urged international donors on  Wednesday to live up to their promises on funding for  reconstruction work, which has been stalled by violence, saying  it was the most effective way to fight extremism.
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Japanese Prime Minister Junichiro Koizumi  reiterated on Wednesday that he wanted at some point to visit  Iraq, where Japanese troops are engaged in reconstruction work.
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The call, at a donor&#39;s conference in Tokyo on Wednesday, comes as attacks by Iraqi fighters have prompted Washington to shift funding from reconstruction to security.
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Japan hopes new pledges to rebuild Iraq  will emerge as international donors meet in Tokyo from  Wednesday, but it sees broader participation in stabilizing the  war-torn country as even more important than fresh funds.
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An international conference on Iraq  reconstruction began on Wednesday with a call from host Japan  for donors to honor their pledges to help rebuild the country,  a process that is being stalled by violence and insurgency.
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Iraq will spend more on jobs and reconstruction to battle the insurgency in the restive west, but neighboring Syria must clamp down on terrorists crossing the border, Deputy Prime Minister Barham Saleh said Thursday.
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The Bush administration is seeking  about $80 billion in new funding for military operations this  year in Iraq and Afghanistan, pushing the total for both  conflicts to almost $300 billion so far.
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Iraq&#39;s Deputy Prime Minister pleaded with donors today to fulfill pledges of aid for the reconstruction of his war-ravaged nation.
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Iraq's crucial oil and electricity sectors still need roughly $50 billion to meet demand, analysts and officials say, even after the United States has poured more than $6 billion into them over more than four years.
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The Bush administration,  facing mounting violence in Iraq and demands for upgraded equipment, is assembling a funding package for operations in Iraq and Afghanistan that could surge beyond earlier estimates to as much as &#36;75 billion to &#36;100 billion, congressional sources and experts said on Thursday.