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No they didn't.
You mean the IMF or World Bank gave him loans. They give loans to alot of people including on occassion our enemies.
What aid? .5% of all foreign arm sales? Woopy.
Yes they did:
A chemical plant which the US says is a key component in Iraq's chemical warfare arsenal was secretly built by Britain in 1985 behind the backs of the Americans, the Guardian can disclose.
Documents show British ministers knew at the time that the £14m plant, called Falluja 2, was likely to be used for mustard and nerve gas production.
Senior officials recorded in writing that Saddam Hussein was actively gassing his opponents and that there was a "strong possibility" that the chlorine plant was intended by the Iraqis to make mustard gas. At the time, Saddam was known to be gassing Iranian troops in their thousands in the Iran-Iraq war.
But ministers in the then Thatcher government none the less secretly gave financial backing to the British company involved, Uhde Ltd, through insurance guarantees.
Britain's dirty secret | Special reports | Guardian Unlimited
No, I mean the Import-Export Bank:
Department of State, Office of the Assistant Secretary for Near Eastern and South Asian Affairs Action Memorandum from Richard W. Murphy to Lawrence S. Eagleburger. "EXIM [Export-Import] Bank Financing for Iraq" [Includes Letter From Lawrence S. Eagleburger to William Draper, Dated December 24, 1983], December 22, 1983.
Pursuant to the Reagan administration's policy of increasing support for Iraq, the State Department advises Under Secretary of State for Political Affairs Lawrence Eagleburger to urge the U.S. Export-Import Bank to provide Iraq with financial credits.
http://www.gwu.edu/~nsarchiv/NSAEBB/NSAEBB82/iraq33.pdf
Don't know where you got the .5% figure. Have a link for it? And if that percentage means we only provided Saddam with a few billion or a few hundred million dollars worth of materials, that was okay? Are we quibbling over the amount?