Over $30 billion in commitments made at Iraq Compact meeting

A five-year plan for peace and development in Iraq was co-launched today by United Nations Secretary-General Ban Ki-moon, in which world leaders pledged their partnership with the Iraqi Government. Over $30 billion in financial commitments have been announced so far.

The 74 delegations unanimously adopted a resolution reaffirming their shared commitment to a secure and stable Iraq and emphasizing the need for improved governance, anti-corruption measures, equal protection for all Iraqis and an institutional framework based on the rule of law.

Secretary-General Ban, in a press conference following the adoption of the resolution, said he was pleased that a number of countries have already made concrete commitments, estimated at over $30 billion.