Iraq transparency

Within 6 months, a new international auditing panel will issue the first of what will likely be several reports detailing how the US will spend Iraq's petrodollars.The United Nations, the World Bank, the International Monetary Fund, and the Arab Fund for Social and Economic Development Oct. 24 announced the formation of the International Advisory and Monitoring Board (IAMB). Representatives from those four international institutions will make up IAMB; as many as five Iraqi nationals also may join as nonvoting "observers."Shining light The first meeting of IAMB has not yet been scheduled but there is pressure from human rights groups to get things started quickly.Last month an Open Soc...

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