What's all this in the Los Angeles Times? "The U.S. will halt construction work on some water and power plants in Iraq because it is running out of money for projects, officials said Wednesday. Security costs have cut into the money available to complete some major infrastructure projects that were started under the $18.4-billion U.S. plan to rebuild Iraq. As a result, the United States is funding only those projects deemed essential by the Iraqi government. [...] Less than half of the U.S. reconstruction money has been spent, but in some sectors, such as electricity and water, security costs have eaten up much of the budget."
Not a good way to impress the Iraqis with American efficiency and win hearts and minds.
Posted by geoff2 at September 9, 2005 02:26 PM