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13.1  |  Resources
“Despite the political importance in the UK of the conflict in Iraq, very little funding
has been made available to address … counter‑insurgency and post‑conflict
nation‑building. London and Post have both tended to turn towards GCPP as a
primary funding source – in some cases to fund programmes that fit neither the
GCPP strategy nor even its conflict prevention mandate (i.e. weapons for ISF [the
Iraqi Security Forces], Basra poetry festival). Special Advisers and Ministers without
budgets are also drawn to the Pool to fund activities in their areas of interest.”357
Debt relief
The Treasury was the lead department within the UK Government on securing debt relief
for Iraq.358 It worked closely with the FCO and other departments to achieve that objective.
Paris Club creditors agreed on 21 November 2004 to reduce Iraq’s official debt by
80 percent.359 The deal would be delivered in three stages: 30 percent immediately;
30 percent on approval of a standard IMF programme; and 20 percent on completion
of the standard IMF programme. The deal would write off US$31.1bn of the US$38.9bn
owed to Paris Club creditors.
The UK’s share of that write‑off was approximately US$1.39bn,360 or £954m (£337m in UK
financial year 2004/05, £337m in UK financial year 2005/06 and £280m in UK financial
year 2008/09).361
Section 10.3 describes the Government’s role in the negotiations leading up to that
agreement.
Funding military equipment for the Iraqi Security Forces
588.  A DFID review of the GCPP and ACPP, published in March 2004, stated that
the issue of funding military equipment and minor military operations had been
controversial.362 The position agreed in May 2003 was that:
The supply of military equipment will only be funded if essential to the success
of strategies. Weapons and ammunition will only be provided on an exceptional
basis, subject to Ministerial agreement.
Major military operations will not be funded from the Pools.
Only peace‑support‑type minor military operations will be considered for Pool
funding …”
357 Paper DFID, 31 May 2005, ‘GCPP Iraq 2004‑05’.
358 Paper Treasury, 2010, ‘Iraq Briefing – Debt’.
359 Paris Club, Press Communiqué, 21 November 2004, Restructuring the Iraqi debt ‑ Agreement between
the Paris Club and Iraq.
360 Briefing Treasury, [undated], ‘Brief: meeting with Barham Saleh, Deputy Prime Minister of Iraq’.
361 Letter Cabinet Office [junior official] to Aldred, 13 September 2011, ‘Iraq Inquiry: Request for Further
Information on Funding’.
362 Department for International Development, Evaluation of the Conflict Prevention Pools: Portfolio
Review, March 2004.
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