Iraq Relief and Reconstruction Fund
Encyclopedia
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-consuming US procurement process.
A budget for the allocation of the $18.4 billion may be found 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.
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-consuming US procurement process.
A budget for the allocation of the $18.4 billion may be found 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
Special Inspector General for Iraq Reconstruction
The Office of the Special Inspector General for Iraq Reconstruction was created in October 2004 as the successor to the Coalition Provisional Authority Office of Inspector General . SIGIR is an independent government agency created by the Congress to provide oversight of the use – and potential...
include oversight of expenditures from the Iraq Relief and Reconstruction Fund.
See also
- Financial cost of the Iraq WarFinancial cost of the Iraq WarThe following is a partial accounting of financial costs of the 2003 Iraq War by the United States and the United Kingdom, the two largest non Iraqi participants of the multinational force in Iraq.-Direct costs:...
- Coalition Provisional AuthorityCoalition Provisional AuthorityThe Coalition Provisional Authority was established as a transitional government following the invasion of Iraq by the United States and its allies, members of the Multi-National Force – Iraq which was formed to oust the government of Saddam Hussein in 2003...
- Program Review BoardCoalition Provisional Authority Program Review BoardThe Coalition Provisional Authority Program Review Board was composed of the senior personnel of the Coalition Provisional Authority, charged with the responsibility to review and make recommendations about the awarding of contracts to the administrator of the authority, Paul Bremer.The board...
- Development Fund for IraqDevelopment Fund for IraqIn May 2003, following the invasion of Iraq in March of that year, the Central Bank of Iraq-Development Fund for Iraq account was created at the U.S. Federal Reserve Bank of New York at the request of the Coalition Provisional Authority Administrator...
- Reconstruction of IraqReconstruction of IraqInvestment in post-2003 Iraq refers to international efforts to rebuild the infrastructure of Iraq since the Iraq War in 2003.Along with the economic reform of Iraq, international projects have been implemented to repair and upgrade Iraqi water and sewage treatment plants, electricity production,...