UK’s Iraq war bill tops $3 billion

The invasion and occupation of Iraq have cost Britain more than two billion pounds ($3.4 billion).

Britain has about 10,000 troops in Iraq
Britain has about 10,000 troops in Iraq

Quoting the Treasury, the Financial Times on Friday reported that the cost of fighting in Iraq was 850 million pounds ($1500 million) in the year to the end of March, shortly after the US-led invasion to topple former Iraqi president Saddam Hussein began.

  

A further 1.23 billion pounds ($2.10 billion) has been spent in the current financial year, the newspaper reported.

  

According to The Financial Times the three billion pounds ($ 5.2 billion) set aside to cover the costs of fighting Iraq will, at this rate, run out in the first half of 2004.

  

It has been estimated that Britain’s continuing peace-keeping presence in Iraq is costing between 100 million and 200 million pounds a month ($172 million and $343 million), it said.

  

Britain has about 10,000 troops in Iraq, most of them in the south of the country.

Source : AFP

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