The Trial of Saddam Hussein and The Fallout of The War

The Trial of Saddam Hussein


The fallout in the Middle East from the regime change in Iraq

Monday, November 22, 2010

Iraq Runs Out Of Money

Despite being an oil wealthy nation, it appears that Iraq has run out of money to pay for widows' benefits, farm crops and other programs for the poor.

Ironically there have been sufficient funds to pay members of the Iraqi parliament $100K each, for meeting four times since the election in March.

Notwithstanding that largess, it seems that the $1BN social care budget for 2010 has been used up.

The question that everyone is asking is, where has that money actually gone?