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Here’s the Washington Post’s headline about the Madrid Donors’ Conference …
Iraq Donations Fall Short: Many Pledges in the Form of Loans, Debt Relief, Not Grants
Here’s the headline in Reuters …
Donors Promise Iraq $33 Billion, Smashing Expectations
And, yes, in case you’re wondering, they’re talking about the same conference.
It’s pretty hard to figure out from the articles just what was pledged whether in loans or grants or anything else. But one key sign seems to be that the biggest donors turn out to be the IMF and the World Bank.
