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An international report: corruption and mismanagement Iraq lose $ 203 billion a few years
BAGHDAD - Iraq Press - April 3: A report released by the International Center for Development Studies in London, said: "Development Fund for Iraq, which was established in 2003 to deposit the sales of Iraqi petroleum products based on resolution 1483 and reached its assets to $ 165 billion in 2009," but he also said, "but that these revenues were prone to corruption disappeared as $ 17 billion, including in 2003, when he announced in the disappearance of another $ 40 billion in 2010".
The statement continued, "In 2013, Iraq Development Fund balances amounted to $ 7 billion, while the Iraqi government has failed to justify the disappearance of $ 11 billion of those funds," adding that "mismanagement and cases of financial and administrative corruption has made these large balances shrink to reach in 2012 to $ 18 billion only. "
Abizaid "Development Fund for Iraq, today without assets as reserves of the Iraqi Central Bank, which arrived in 2013 to $ 76.3 billion, is the other has dropped to nearly $ 68 billion last year in 2014 and it seems this is surprising, especially given that the Central Bank of Iraq insists on not prejudice that money to maintain the value of the Iraqi dinar stable private and steady against the dollar and this is Iraq has lost his money more than $ 203 billion within a few years, while the budgets of Iraq since the year 2003 to the year 2015 more than a trillion dollars. " Admiral ended
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BAGHDAD - Iraq Press - April 3: A report released by the International Center for Development Studies in London, said: "Development Fund for Iraq, which was established in 2003 to deposit the sales of Iraqi petroleum products based on resolution 1483 and reached its assets to $ 165 billion in 2009," but he also said, "but that these revenues were prone to corruption disappeared as $ 17 billion, including in 2003, when he announced in the disappearance of another $ 40 billion in 2010".
The statement continued, "In 2013, Iraq Development Fund balances amounted to $ 7 billion, while the Iraqi government has failed to justify the disappearance of $ 11 billion of those funds," adding that "mismanagement and cases of financial and administrative corruption has made these large balances shrink to reach in 2012 to $ 18 billion only. "
Abizaid "Development Fund for Iraq, today without assets as reserves of the Iraqi Central Bank, which arrived in 2013 to $ 76.3 billion, is the other has dropped to nearly $ 68 billion last year in 2014 and it seems this is surprising, especially given that the Central Bank of Iraq insists on not prejudice that money to maintain the value of the Iraqi dinar stable private and steady against the dollar and this is Iraq has lost his money more than $ 203 billion within a few years, while the budgets of Iraq since the year 2003 to the year 2015 more than a trillion dollars. " Admiral ended
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