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Monday, 03/10/2008 9:11:51 AM

Monday, March 10, 2008 9:11:51 AM

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Progress on Iraq oil

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10 March 2008 (AME Info FZ LLC)
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An IMF official on the United Nation's International Monitoring and Advisory Board (IAMB) said more than $100bn has flowed into an Iraq oil fund since it was launched in 2003, cited Reuters.

The report noted there are still concerns on the lack of a proper metering system for Iraq's oil in the field and controls in the spending ministries.

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