The first day of the Iraq donors' conference in Madrid did not produce any significant new pledges from donors. Senior officials attending the meeting said it would take time to reach the $36,000 million target that the World Bank says is needed for the reconstruction effort in the country, but that the sum was attainable. 'If you look at the commitments coming, there is plenty of money to kick-start this reconstruction process,' said World Bank country manager for Iraq, Nick Kraft. 'Nobody for a moment thinks that we are going to see pledges of $36,000 million,' EU External Affairs Commissioner Chris Pattern told reporters at the meeting.