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Sunday, January 21, 2007

Iraqi Budget Loaded With Divisive Expenditures

Nearly $2 billion of the Iraqi budget is allocated to agencies beyond the oversight of the central government at a time when potential international donors have balked at tossing more money into a black hole. The potential for abuse is high. Most ministries get multimillion-dollar discretionary funds known as "social benefits" with few spending safeguards, Iraqi officials say.

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