Middle East Economic Survey


No 26


IAMB Criticizes CPA For Oil Management Failings

The International Advisory and Monitoring Board (IAMB) has criticized the US-led Coalition Provisional Authority (CPA) for failing to ensure the transparent management of Iraqi oil revenues under its control in the Development Fund for Iraq (DFI). Following its last meeting before the handover from the CPA to an Interim Iraqi Government on 20-22 June, the IAMB said that it regrets, despite its...