Iraq Cannot Say Where $76 Billion Went, and No Law Compels It To

By Professor Oday Talal Mahmood, for JURIST. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Iraq Cannot Say Where $76 Billion Went, and No Law Compels It To

Fourteen governorates share 2.8 percent of Iraq's national budget. Ministries in Baghdad direct 87 percent. Nothing in practice requires anyone to explain the gap.

When the head of Iraq's Federal Board of Supreme Audit brought the board's annual report before the Council of Representatives last week, Parliament did something it had not done since 2003: it convened a dedicated session to examine how the state had handled the public's money.

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