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Reconstruction financing is inadequate.
Last year, Congress passed the Afghan Freedom Support Act authorizing increased reconstruction financing and peace troop expansion.
Another part of the strategy is the speeding of the reconstruction financing, which many officials acknowledge has been frustratingly slow.
The long-awaited American contribution will nearly double the assets of the fund, which is only one source of reconstruction financing.
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Both Presidents Hoover and Roosevelt get credit for creating the Reconstruction Finance Corp. during the 1930s.
The Reconstruction Finance Corp. lasted 21 years; after the 1930s, much of that was dedicated to the war effort.
Why not just take all the bad stuff from all the banks, and put it into a reconstruction finance corporation?
4. How open will the books be? Herbert Hoover's Reconstruction Finance Corp. kept its books open, listing the names of the banks that borrowed money and the amount they borrowed.
The Balkh Province Civil Hospital (BBCH), Mazar-e-Sharif, Afghanistan, has undergone a €20 million major reconstruction financed by KfW, Germany, a government-owned development bank, and is used as a teaching hospital by the Balkh Medical Faculty.
The reconstruction was financed in large part by a $1.45 million grant from the Federal Emergency Management Agency.
According to a Lebanese security official, the reconstruction was financed largely by Iran, which bypassed the Lebanese government.
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