The World Bank recognized Iraq's interim government as legitimate on June 29, the day after the United States handed sovereignty to it, opening the way for lending the country. But the aid body said its full engagement in Iraq was conditional on a recognized government, repayment of arrears to the bank and a secure environment.

"We actually hope to begin the phase of implementation by October. The projects are in infrastructure rehabilitation, water and sanitation and school rehabilitation," Hadad-Zervos said.
http://www.enn.com/news/2004-08-10/s_26441.asp