Tuesday, 18. March 2003

US firms get $1.5bn deal to rebuild Iraq


The United States plans to transform the infrastructure of Iraq within a year of a war ending, but has sidelined aid agencies by allocating almost all the funds available to private American firms.

Non-governmental organisations and the UN would get just $50m, a tiny fraction of the $1.5bn being offered to private companies, according to more than 100 pages of confidential contract documents leaked to the Wall Street Journal.

¬> Guardian

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