Cablegate: Iraq Assistance: No Changes to Date On Spanish
UNCLAS MADRID 001857
STATE PASS EB/ODF ROLAND DE MARCELLUS AND EB/IRAQ MARK
E.O. 12958: N/A
TAGS: EAID ECON EFIN IZ PREL SP
SUBJECT: IRAQ ASSISTANCE: NO CHANGES TO DATE ON SPANISH
REF: A. SECSTATE 108776
B. MADRID 1806
1. We discussed the status of Spain's pledge for Iraq
reconstruction with Directorate General of International
Finance Technical Adviser Ines Menendez de Luarca Bellido.
Menendez said that her Director General and Secretary of
State for Economy have not yet been able to discuss this
matter with the new Vice President and Minister of Economy
2. Menendez expects this conversation to take place shortly.
She confidently predicts Spain will begin the disbursement
process of its 2004 multilateral pledges from the Madrid
Donors' Conference, which include USD 20 million for the
IRFFI and USD 5 million for the IFC Small Business Facility,
shortly thereafter. The bureaucratic procedure for
assistance transfer requires approximately one month. She
could not offer any information on new assistance plans.