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International Advisory and Monitoring Board

 

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International Advisory and Monitoring Board



 
 
The International Advisory and Monitoring Board was appointed to oversee the Coalition Provisional Authority
Coalition Provisional Authority

The Coalition Provisional Authority ???? ???????? ??????? was established as a transitional government following the invasion of Iraq by the United States, United Kingdom and the other members of the coalition of the willing which was formed to oust the government of Saddam Hussein in 2003....
's disbursements from the humanitarian Development Fund for Iraq
Development Fund for Iraq

In May 2003, following the 2003 invasion of Iraq in March of that year, the Central Bank of Iraq-Development Fund for Iraq account was created at the U.S....
. When the CPA was authorized to manage the DFI by United Nations
United Nations

The United Nations is an international organization whose stated aims are to facilitate cooperation in international law, international security, economic development, Social change, human rights and achieving world peace....
 resolution
United Nations resolution

A United Nations resolution is a formal text adopted by a United Nations body. Although any UN body can issue resolution s, in practice most resolutions are issued by the United Nations Security Council or the United Nations General Assembly....
 1483. the CPA was obliged to cooperate with the oversight of the IAMB. The IAMB was composed of senior representatives from the United Nations, the Arab Fund for Social and Economic Development, the International Monetary Fund
International Monetary Fund

The International Monetary Fund is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments....
, and the World Bank
World Bank

The World Bank is a bank that provides financial and technical assistance to developing countries for development programs with the stated goal of reducing poverty....
.

The IAMB had trouble getting co-operation from the Administrator of Iraq
Civilian Administrator of Iraq

The Civilian Administrator of Iraq was appointed by the President of the United States as a provisional governing officer in the 2003 occupation of Iraq of Iraq, as head of the Coalition Provisional Authority....
, Paul Bremer, and from the CPA.






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The International Advisory and Monitoring Board was appointed to oversee the Coalition Provisional Authority
Coalition Provisional Authority

The Coalition Provisional Authority ???? ???????? ??????? was established as a transitional government following the invasion of Iraq by the United States, United Kingdom and the other members of the coalition of the willing which was formed to oust the government of Saddam Hussein in 2003....
's disbursements from the humanitarian Development Fund for Iraq
Development Fund for Iraq

In May 2003, following the 2003 invasion of Iraq in March of that year, the Central Bank of Iraq-Development Fund for Iraq account was created at the U.S....
. When the CPA was authorized to manage the DFI by United Nations
United Nations

The United Nations is an international organization whose stated aims are to facilitate cooperation in international law, international security, economic development, Social change, human rights and achieving world peace....
 resolution
United Nations resolution

A United Nations resolution is a formal text adopted by a United Nations body. Although any UN body can issue resolution s, in practice most resolutions are issued by the United Nations Security Council or the United Nations General Assembly....
 1483. the CPA was obliged to cooperate with the oversight of the IAMB. The IAMB was composed of senior representatives from the United Nations, the Arab Fund for Social and Economic Development, the International Monetary Fund
International Monetary Fund

The International Monetary Fund is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments....
, and the World Bank
World Bank

The World Bank is a bank that provides financial and technical assistance to developing countries for development programs with the stated goal of reducing poverty....
.

The IAMB had trouble getting co-operation from the Administrator of Iraq
Civilian Administrator of Iraq

The Civilian Administrator of Iraq was appointed by the President of the United States as a provisional governing officer in the 2003 occupation of Iraq of Iraq, as head of the Coalition Provisional Authority....
, Paul Bremer, and from the CPA. In their final press release before the CPA's authority expired the IAMB wrote:

"The IAMB regrets, despite its repeated requests, the delay in receiving reports on audits undertaken by various agencies on sole-sourced contracts funded by the DFI. In the light of these delays the IAMB decided to commission a special audit to determine the extent of sole-sourced contracts. The IAMB was also informed by the CPA that contrary to earlier representations the award of metering contracts have been delayed and continues to urge the expeditious resolution of this critical issue. Finally, the IAMB noted the delay in completing the audits on the State Oil Marketing Organization (SOMO) and requested the CPA to press for prompt finalization of these."


See also

  • Coalition Provisional Authority
    Coalition Provisional Authority

    The Coalition Provisional Authority ???? ???????? ??????? was established as a transitional government following the invasion of Iraq by the United States, United Kingdom and the other members of the coalition of the willing which was formed to oust the government of Saddam Hussein in 2003....
  • Coalition Provisional Authority Program Review Board
    Coalition Provisional Authority Program Review Board

    The Coalition Provisional Authority Program Review Board was composed of the senior personnel of the Coalition Provisional Authority, charged with the responsibility to review and make recommendations about the awarding of contracts to the administrator of the authority, Paul Bremer....
  • Development Fund for Iraq
    Development Fund for Iraq

    In May 2003, following the 2003 invasion of Iraq in March of that year, the Central Bank of Iraq-Development Fund for Iraq account was created at the U.S....
  • KPMG audit of the Development Fund for Iraq
    KPMG audit of the Development Fund for Iraq

    International auditors KPMG were chosen by the Coalition Provisional Authority and the International Advisory and Monitoring Board to perform external audits of the Coalition's expenditures from the humanitarian Development Fund for Iraq....


External links


  • .
  • Reuters
    Reuters

    Reuters Group Limited is a United_Kingdom-based, Canadian controlled news agency and former financial market data provider that provides reports from around the world to newspapers and broadcasters....
    , June 22, 2005
  • , The Guardian
    The Guardian

    Sorry, no overview for this topic
    , July 7, 2005
  • , Houston Chronicle
    Houston Chronicle

    The Houston Chronicle is the largest daily newspaper in Texas, United States. As of March 2008, it is the ninth-largest newspaper by circulation in the United States....
     reprint of New York Times, November 5, 2005