Thursday, March 7, 2013

US wasted billions in Iraq with few results: inspector

US wasted billions in Iraq with few results: inspector: After invading Iraq ten years ago, the United States spent $60 billion on a vast reconstruction effort that left behind few successes and a litany of failures, an auditor's report said Wednesday.
The ambitious plan to transform the country after the fall of Saddam Hussein has been marked by half-finished projects and crushed expectations, according to the final report of the Special Inspector General for Iraq Reconstruction, Stuart Bowen.
The aid effort was plagued by in-fighting among US agencies and an improvised "adhocracy" approach, with no one clearly in charge of a massive investment that was supposed to put Iraq on a stable footing, said the report to Congress.
"Management and funding gaps caused hundreds of projects to fall short of promised results, leaving a legacy of bitter dissatisfaction among many Iraqis," it said.