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The Report of the Iraq Inquiry
870.  The Annotated Agenda for the 15 December meeting of the AHMGIR reported
that signals from the CPA on the desired pace and scope of economic reform before
transition were “mixed”.499 Some in the CPA had seen the accelerated political timetable
as a reason to accelerate the pace of economic reform. The UK believed that reform
over the next six months should be limited, but that did not mean inaction. The Coalition
should focus on:
building Iraqi capacity including in the budgeting system;
encouraging the IFIs to engage; and
preparatory work on “removing barriers and stimulating growth”, including debt
relief, fuel price liberalisation and SOE reform.
871.  Ministers agreed that approach.500
872.  Hard Lessons recorded that the CPA’s progress towards free-market reforms
stalled in the face of “disagreement within the Coalition’s ranks”, concern in the IMF and
opposition from Iraqis.501
873.  In his statement to the Inquiry, Sir Nicholas Macpherson highlighted the role that
Treasury secondees to the CPA had played in successfully challenging “some proposed
[CPA] policies that were not thought to be the right course of action – notably negotiating
a wind-down on the policy of mass privatisation of Iraqi state assets”.502
874.  Ambassador Bremer hosted a Campaign Review meeting in Baghdad on
18 December attended by senior US and UK civilian and military representatives
including Sir Jeremy Greenstock.
875.  Ambassador Bremer opened the meeting by stating that the capture of Saddam
Hussein provided a huge opportunity.503 He outlined the military, political and
reconstruction action that was needed to exploit it. On reconstruction, the CPA would
spend US$400m over the next six months – three times the amount for the previous
six‑month period. Some 40 to 50 percent of that would be directed to Sunni areas.
499 Annotated Agenda, 18 December 2003, Ad Hoc Group on Iraq Rehabilitation meeting.
500  Minutes, 18 December 2003, Ad Hoc Group on Iraq Rehabilitation meeting.
501  Bowen SW Jr. Hard Lessons: The Iraq Reconstruction Experience. U.S. Government Printing
Office, 2009.
502  Statement, 15 January 2010, page 6.
503  Minute MA1/DCDS(C) to D/DCDS(C), 19 December 2003, ‘Record of Iraq Strategy Review Meeting –
Baghdad 18 Dec 03’.
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