CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

What is the Iraq Relief and Reconstruction Fund?

Iraq Relief and Reconstruction Fund

Set up by the America's federal government on November 6, 2003, the Iraq Relief and Reconstruction Fund (IRRF) aims to rebuild infrastructure, that has been torn apart through years of war.

Where have you heard about the Iraq Relief and Reconstruction Fund?

The fund has many critics who are vocal about their opinions in the press. They are mainly concerned with the lengthy timescales it takes to allocate funds because of America's lengthy administration processes to deal with procurement.

What you need to know about the Iraq Relief and Reconstruction Fund.

US Congress approved around $18.4 billion to the IRRF in 2003, aimed at helping Iraq with reconstructing the country's infrastructure following years suffering the devastation of war after military intervention.

In 2017, 83% of this $18.4 billion had been obligated to projects. These projects include excavation, formation and repairs to sewerage systems, aimed at decreasing the risk of disease.

Also included is the construction of roads, schools and power plants that may contribute to a better quality of life for Iraqi people.

Related Terms

Latest video

Latest Articles

View all articles

Still looking for a broker you can trust?

Join the 620,000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading