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Context of 'May 2004: Federal Reserve Sends CPA $1 Billion in Cash'

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At the request of the Coalition Provisional Authority, the Federal Reserve Bank sends the CPA $808.2 million in cash during this month. The money is drawn from the Development Fund for Iraq (DFI) and special US Treasury accounts containing revenues from sales of Iraqi oil exports, surplus dollars from the UN-run oil-for-food program, and frozen assets that belonged to the government of Saddam Hussein. (US Congress 2/6/2007 pdf file)

At the request of the Coalition Provisional Authority, the Federal Reserve Bank sends the CPA $400.0 million in cash during this month. The money is drawn from the Development Fund for Iraq (DFI) and special US Treasury accounts containing revenues from sales of Iraqi oil exports, surplus dollars from the UN-run oil-for-food program, and frozen assets that belonged to the government of Saddam Hussein. (US Congress 2/6/2007 pdf file)

“Brick” of $400,000 in U.S. Currency (4,000 $100 bills)“Brick” of $400,000 in U.S. Currency (4,000 $100 bills) [Source: Federal Reserve Bank of New York] (click image to enlarge)At the request of the Coalition Provisional Authority, the Federal Reserve Bank sends the CPA $1.5 billion in cash. The money is drawn from the Development Fund for Iraq (DFI) and special US Treasury accounts containing revenues from sales of Iraqi oil exports, surplus dollars from the UN-run oil-for-food program, and frozen assets that belonged to the government of Saddam Hussein. (US Congress 2/6/2007 pdf file; Pelofsky 2/7/2007)

At the request of the Coalition Provisional Authority, the Federal Reserve Bank sends the CPA $750.4 million in cash during this month. Payments in the same amount will be made in March (see March 2004) and April (see April 2004). The money is drawn from the Development Fund for Iraq (DFI) and special US Treasury accounts containing revenues from sales of Iraqi oil exports, surplus dollars from the UN-run oil-for-food program, and frozen assets that belonged to the government of Saddam Hussein. (US Congress 2/6/2007 pdf file)

At the request of the Coalition Provisional Authority, the Federal Reserve Bank sends the CPA $750.4 million in cash during this month. Payments in the same amount are made in February (see February 2004) and April (see April 2004). The money is drawn from the Development Fund for Iraq (DFI)and special US Treasury accounts containing revenues from sales of Iraqi oil exports, surplus dollars from the UN-run oil-for-food program, and frozen assets that belonged to the government of Saddam Hussein. (US Congress 2/6/2007 pdf file)

At the request of the Coalition Provisional Authority, the Federal Reserve Bank sends the CPA $1 billion in cash during this month. The money is drawn from the Development Fund for Iraq (DFI) and special US Treasury accounts containing revenues from sales of Iraqi oil exports, surplus dollars from the UN-run oil-for-food program, and frozen assets that belonged to the government of Saddam Hussein. (US Congress 2/6/2007 pdf file)


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