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Iraqi Officials Ask Donors2 to Speed up Distribution of Financial Assistance
Kerry Sheridan
Representatives from some 40 donor1 countries financing Iraq's reconstruction3 program open a two-day meeting in Abu Dhabi Saturday. Iraqi officials are asking the donors to speed up the distribution of about $33 billion that was pledged last year.
Iraq's interim4 minister of planning and development, Mehdi al-Hafidh, opened the conference by urging donors to disperse5 $4 billion this year.
He also said that negotiations6 with lending countries have resulted in principle, in a 60 percent reduction of Iraq's overall $120 billion in debt. The minister said the official amount of debt reduction has not been announced yet.
Mr. al-Hafidh said Iraq's needs are enormous and urgent. Iraqi officials will present a list of some 700 key rebuilding projects to the group, which includes representatives from the United States, European Union, World Bank and International Monetary7 Fund.
The donors met in October of last year, and pledged to provide $33 billion in loans and grants to Iraq, although Iraqis estimated the country would need $56 billion over the next three years.
The money will be distributed through a trust fund managed by the United Nations Development Group and the World Bank.
A World Bank official has said the fund would probably disperse some $500 million to the Iraqi government by the scheduled June 30 transfer of power from the U.S.-led Coalition8 Authority to the interim Iraqi Governing Council.
Security concerns and ongoing9 terror attacks inside Iraq are discouraging many foreign investors10 from pouring money into the war-torn country until the situation stabilizes11.
Iraqi officials say they need funds now to help rebuild schools, regulate the power supply and modernize12 the agricultural industry.
注释:
donor [5dEJnE(r)] n. 捐赠人,赠与者
speed up 加速
pledge [pledV] v.允诺,保证
Mehdi al-Hafidh 伊拉克计划部部长。
disperse [dis5pE:s] v. 分散
World Bank 世界银行
International Monetary Fund 国际货币基金组织
loan [lEun] n. 贷款
grant [^rB:nt] n. 赠款
Development Group 发展小组
Coalition Authority 管理委员会
ongoing [5Cn^EuiN] adj. 正在进行的
regulate [5re^juleit] vt. 管制,控制
1 donor | |
n.捐献者;赠送人;(组织、器官等的)供体 | |
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2 donors | |
n.捐赠者( donor的名词复数 );献血者;捐血者;器官捐献者 | |
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3 reconstruction | |
n.重建,再现,复原 | |
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4 interim | |
adj.暂时的,临时的;n.间歇,过渡期间 | |
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5 disperse | |
vi.使分散;使消失;vt.分散;驱散 | |
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6 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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7 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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8 coalition | |
n.结合体,同盟,结合,联合 | |
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9 ongoing | |
adj.进行中的,前进的 | |
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10 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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11 stabilizes | |
n.(使)稳定, (使)稳固( stabilize的名词复数 )v.(使)稳定, (使)稳固( stabilize的第三人称单数 ) | |
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12 modernize | |
vt.使现代化,使适应现代的需要 | |
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