Iraq Relief and Reconstruction Fund
- Iraq Relief and Reconstruction Fund
The Iraq Relief and Reconstruction Fund (IRRF) was established by the US Congress on November 6, 2003. It allocated $18.4 billion to rebuild Iraq's infrastructure, damaged from years of neglect, sanctions, and war.
As of March 29, 2006, approximately $16.3 billion, or 89%, had been obligated and $11.4 billion had been expended. The fund has come under some criticism due to the slowness with which the allocated money has been disbursed, largely because of the time-comsuming US procurement process.
A budget for the allocation of the $18.4 billion may be found [http://www.whitehouse.gov/omb/legislative/2207_table.pdf#search='iraq%20relief%20and%20reconstruction%20fund' here] .
Weekly updates on reconstruction spending are available from http://www.defendamerica.mil, and from http://www.usaid.gov/iraq .
The duties of the Special Inspector General for Iraq Reconstruction include oversight of expenditures from the Iraq Relief and Reconstruction Fund.
ee also
*Financial cost of the Iraq War
*Coalition Provisional Authority
*Program Review Board
*Development Fund for Iraq
*Reconstruction of Iraq
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