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Viewing cable 04MADRID2725, SPAIN: FULFILLS IRAQI DINAR DONATION PLEDGE

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Reference ID Created Released Classification Origin
04MADRID2725 2004-07-16 15:42 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 002725 
 
SIPDIS 
 
TREASURY PASS TO TRACI PHILLIPS; EB/ODF ROLAND DEMARCELLUS; 
EB/IRAQ MARK KISSEL 
 
E.O. 12958: N/A 
TAGS: ECON EFIN IZ SP
SUBJECT: SPAIN: FULFILLS IRAQI DINAR DONATION PLEDGE 
 
REF: MADRID 2397 
 
The Spanish Council of Ministers approved the donation of EUR 
14.4 million (USD 17.4 million) on July 16 to finance the 
production of the new Iraqi dinar.  This allocation of funds 
will fulfill Spain's pledge of USD 18 million for production 
of Iraqi dinars during 2004-2005, promised at the Madrid 
Donor's Conference.  This disbursement is a further sign of 
Spain's intention to fulfill its USD 300 million commitment 
to Iraq reconstruction (reftel). 
ARGYROS