Keep Us Strong WikiLeaks logo

Currently released so far... 64621 / 251,287

Articles

Brazil Sri Lanka United Kingdom Sweden 00. Editorial United States Latin America Egypt Jordan Yemen Thailand

Browse latest releases

2010/11 2010/12 2011/01 2011/02 2011/03 2011/04 2011/05 2011/06 2011/07 2011/08

Browse by creation date

66 72 73 75 79 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10

Browse by origin

A B C D F G H I J K L M N O P Q R S T U V W Y Z

Browse by tag

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Browse by classification

CONFIDENTIAL CONFIDENTIAL//NOFORN SECRET SECRET//NOFORN UNCLASSIFIED UNCLASSIFIED//FOR OFFICIAL USE ONLY

Community resources

Follow us on Twitter Check our Reddit Twitter this Digg this page Contact us on IRC

courage is contagious

Viewing cable 04MADRID2397, POSITIVE SIGNS ON SPAIN'S IFC AND IRFFI PLEDGES

If you are new to these pages, please read an introduction on the structure of a cable as well as how to discuss them with others. See also the FAQs

Understanding cables
Every cable message consists of three parts:
  • The top box shows each cables unique reference number, when and by whom it originally was sent, and what its initial classification was.
  • The middle box contains the header information that is associated with the cable. It includes information about the receiver(s) as well as a general subject.
  • The bottom box presents the body of the cable. The opening can contain a more specific subject, references to other cables (browse by origin to find them) or additional comment. This is followed by the main contents of the cable: a summary, a collection of specific topics and a comment section.
To understand the justification used for the classification of each cable, please use this WikiSource article as reference.

Discussing cables
If you find meaningful or important information in a cable, please link directly to its unique reference number. Linking to a specific paragraph in the body of a cable is also possible by copying the appropriate link (to be found at theparagraph symbol). Please mark messages for social networking services like Twitter with the hash tags #cablegate and a hash containing the reference ID e.g. #04MADRID2397.
Reference ID Created Released Classification Origin
04MADRID2397 2004-06-24 14:55 2011-08-24 16:30 UNCLASSIFIED Embassy Madrid 
This record is a partial extract of the original cable. The full text of the original cable is not available.
 
UNCLAS MADRID 002397 
 
SIPDIS 
 
FOR EB/ODF ROLAND DEMARCELLUS 
EB/IRAQ MARK KISSEL 
 
E.O. 12958: N/A 
TAGS: EAID ECON EFIN IZ SP
SUBJECT: POSITIVE SIGNS ON SPAIN'S IFC AND IRFFI PLEDGES 
 
REF: MADRID 2248 
 
1. Summary: A call to a key contact on Iraq reconstruction 
issues adds additional weight to assurances by high level GOS 
contacts that Spain would honor its Iraq Donors' Conference 
commitments.  Our working level contact predicted the IFC $5 
million and half of the IRFFI $20 million would be disbursed 
by July with the remaining IRFFI $10 million moving later 
this year.  This timeline supports comments made by Secretary 
of State for Economy David Vegara (reftel), and signals that 
positive action is being taken at the working level.  End 
Summary. 
 
2. Our chief contact on Iraq reconstruction, Ministry of 
Economy Technical Advisor for International Finance Ines 
Menendez de Luarca Bellido, confirmed that the approval of 
the $5 million for the IFC Small Business Facility and $20 
million for the IRFFI is moving forward.  Higher ranking 
officials in the Ministry of Economy, including the Secretary 
of State for Economy Vegara (reftel) and the Director General 
for Finance assured us that Spain would live up to its Iraq 
reconstruction pledge.  Menendez' affirmation of these 
statements confirms that the message has reached the working 
level and is being actively pursued. 
 
3. Menendez provided a rough timeline for the disbursements. 
She stated that the the Ministry of Economy had completed its 
internal approval process on the IFC $5 million and the IRFFI 
$20 million.  The next step is the July 8 meeting of the 
interministerial commission that approves all development 
funds.  The disbursement decision will then move to the 
subsequent Council of Ministers meeting.  Approval is 
expected by both groups.  Menendez predicted the IFC $5 
million and $10 million of the IRFFI transfer will be made in 
mid-late July.  The second half of the IRFFI funds should be 
disbursed by the end of the year. 
 
4. We will continue to track this issue, and notify 
Washington as the disbursement process reaches its final 
stages. 
ARGYROS