World Politics Central

Your Window to the World’s Politics

Archive for December, 2009

U.S. Senators want Iraqi Oil Revenues Report

Posted on December 10th, 2009 by Gary

null
The Government Accountability Office (GAO) has been asked by U.S. Senators how Iraq was spending its income on oil.  The January 2007 GAO report says that $10 billion has been earmarked for reconstruction, but only 4.4 percent has been spent until August of last year.  The Iraqi government is being blamed in spending 24% of the money.