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SLUG: 2-306716 IMF / WORLD BANK / IRAQ (L)
DATE:>
NOTE NUMBER:

DATE=08/21/03

TYPE=CORRESPONDENT REPORT

TITLE=IMF / WORLD BANK / IRAQ (L)

NUMBER=2-306716

BYLINE=BARRY WOOD

DATELINE=WASHINGTON

INTERNET=YES

INTRO: The Washington-based World Bank and International Monetary Fund have moved their personnel out of Baghdad following Tuesday's bombing at the United Nations headquarters there. V-O-A's Barry Wood reports both

institutions say their commitment to the reconstruction effort in Iraq

is undiminished by the tragedy.

TEXT: Both the Fund and the Bank are temporarily shifting their

operations to neighboring Jordan. All six I-M-F staff members in Baghdad

were injured in the blast, which killed at least 24 people and sent

nearly 90 to hospital. A World Bank consultant --an Iraqi -- died in the

blast. The World Bank had 15 staff members in Baghdad, several of whom

were injured.

Tom Dawson is the I-M-F spokesman. He addressed reporters in Washington

(Thursday).

///DAWSON ACT///

Quite clearly, as I indicated, our staff are unable to continue in

Baghdad.

///END ACT///

Mr. Dawson makes clear that the monetary fund's work in rebuilding Iraq

will continue.

///DAWSON ACT///

We do continue to be engaged in working on Iraq, on the issues I've

identified here previously that fit in one sense of the word, under

helping to restore and rebuild institutions, the central bank and

finance ministry functions and so on. This work in the short run does

not have to be done from Baghdad.

///END ACT///

The World Bank has been active in Baghdad since May. It has been playing

a critical role in assessing the aid needs in Iraq. The U-S Treasury

says a donor's conference on Iraq, tentatively set for late October in

Spain, will take place on schedule. (signed)

NEB/BDW/KBK/FC



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