Rebuilding Iraq May Cost Up to $100 Billion. No problem. There's more where that came from, eh?
From Reuters, 8/1/03:
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030801/ts_nm/iraq_reconstruction_dc
Rebuilding Iraq May Cost Up to $100 Billion, Bremer Says
WASHINGTON (Reuters) - Iraq's U.S. administrator said on Thursday that
rebuilding the country could require anywhere from $50 billion to $100
billion of outside money over the next couple of years.
Paul Bremer, in an interview with CNBC's "Capital Report," said for at
least the next few years "we're going to have to spend a lot more
money than we're going to get revenues even once we get oil production
back to prewar levels."
Bremer said he did not know what the total cost of getting the country
up and running again was, but said:
"It's probably well above $50 billion, $60 billion, maybe $100
billion. It's a lot of money."
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Weeeelll, just don't spend it all in one place, Paul. If ya need any
more dough come on back ta Ge****e, he can get ya lots more.
Harry
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