Middle East Economic Survey

VOL. XLVIII

No 22

30-May-2005

iraq

DFI, Oil Exports Audit Highlights Management Failings

An audit of Iraqi oil export sales and the Development Fund for Iraq (DFI) by KPMG has highlighted a number of failings in their proper management, according to the International Advisory and Monitoring Board for Iraq (IAMB). The IAMB came into being following approval of the bodys terms of reference by the executive heads of the Arab Fund for Economic and Social Development...