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Cash component

According to the Barbara Crossette article 'IRAQI MINISTER 

'Some ideas already floated here have been rejected by the 
Iraqi government of Saddam Hussein. For example, for years 
the United Nations has been urging Iraq to accept cash from 
supervised oil sales - now nearing a total of $40 billion 
since 1996 - to inject seed money into the local economy. 
The Iraqis have refused to do this, officials say,because 
it would put even a small amount of economic power into 
thehands of citizens.'

This is not something I have been following closely, but it
does not fit with my recollection (although it is 
plausible). My recollection is that there is a cash 
component in the north but not the centre and south because
the US and Britain don't want cash getting into the hands 
of the regime this way.

Any comments?


Dr. Eric Herring
Department of Politics
University of Bristol
10 Priory Road
Bristol BS8 1TU
England, UK
Tel. +44-(0)117-928-8582
Fax +44-(0)117-973-2133

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