Iraq: June 12, 2003


Iraqs revived finance ministry reports that the country has foreign debts of $130 billion, mainly debts to France, Russia and China (mainly for weapons bought during the 1980s). The country has cash on hand of some $18 billion, including money in foreign banks. 

A constitutional convention will be held next month, where Iraqi notables, selected by the coalition, will decide what Iraqs new constitution will be. After that, elections can be scheduled once the local infrastructure is set up to hold honest elections. 

Coalition military operations overnight resulted in several armed Iraqis being killed and over 400 Baath Party supporters arrested. Most of these operations begin at night, because coalition night vision equipment gives coalition troops a notable edge at night. 


Article Archive

Iraq: Current 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 



Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close