Wednesday, October 21, 2009 INTELLIGENCE BRIEFING
U.S. puts a stop to paying cash to contractors in Iraq and Afghanistan
WASHINGTON — The U.S. military has ended transfers of U.S. dollars in cash to contractors in Iraq.
Officials said U.S. Central Command has ordered a ban on cash transfers to private security and other contractors in Afghanistan and Iraq. Centcom has been responsible for U.S. military activities throughout the Middle East and Central Asia.
"What we are going to do effective Oct. 1, is we will write the contracts in U.S. dollars and they will be paid through the Iraqi and Afghan banking system in local currency," U.S. Army Brig. Gen. Phillip McGhee said. "That's huge."
U.S. puts a stop to paying cash to contractors in Iraq and Afghanistan
WASHINGTON — The U.S. military has ended transfers of U.S. dollars in cash to contractors in Iraq.
Officials said U.S. Central Command has ordered a ban on cash transfers to private security and other contractors in Afghanistan and Iraq. Centcom has been responsible for U.S. military activities throughout the Middle East and Central Asia.
"What we are going to do effective Oct. 1, is we will write the contracts in U.S. dollars and they will be paid through the Iraqi and Afghan banking system in local currency," U.S. Army Brig. Gen. Phillip McGhee said. "That's huge."