Disagreeable
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Aren't you glad to see your money being spent so well. :roll:
Link below; my emphasis.
"The US government had "no comprehensive policy or regulatory guidelines" in place for staffing the management of postwar Iraq, according to the top government watchdog overseeing the country's reconstruction.
The lack of planning had plagued reconstruction since the US-led invasion, and been exacerbated by a "general lack of co-ordination" between US government agencies charged with the rebuilding of Iraq, said Stuart Bowen, the special inspector-general for Iraq reconstruction, in a report released on Sunday.
His 110-page quarterly report, delivered to Congress at the weekend, has underscored how a "reconstruction gap" is emerging that threatens to leave many projects planned by the US on the drawing board.
"Nearly two years ago, the US developed a reconstruction plan that specified a target number of projects that would be executed using the Iraq Relief and Reconstruction Fund.
"That number was revised downward [last year]. Now it appears that the actual number of projects completed will be even lower," Mr Bowen says in his report.
Increasing security costs were "the most salient" reason behind the shortfall, he concluded.
While 93 per cent of the nearly $30bn (€25bn, £17bn) the US has appropriated for reconstruction has been committed to programmes and projects, more than 25 per cent of the funds have been spent on security costs related to the insurgency.
The largest expected increase in costs to complete planned projects had occurred in the Project and Contracting Office (PCO), which manages projects in the oil, electrical, security and water sectors and has been allocated $4.6bn in reconstruction funds.
While in most sectors PCO data indicated that project costs would not exceed initial estimates, Mr Bowen found that oil sector-related costs had been under-estimated by about $790m."
http://news.ft.com/cms/s/1005fd16-4984-11da-8686-0000779e2340.html
Link below; my emphasis.
"The US government had "no comprehensive policy or regulatory guidelines" in place for staffing the management of postwar Iraq, according to the top government watchdog overseeing the country's reconstruction.
The lack of planning had plagued reconstruction since the US-led invasion, and been exacerbated by a "general lack of co-ordination" between US government agencies charged with the rebuilding of Iraq, said Stuart Bowen, the special inspector-general for Iraq reconstruction, in a report released on Sunday.
His 110-page quarterly report, delivered to Congress at the weekend, has underscored how a "reconstruction gap" is emerging that threatens to leave many projects planned by the US on the drawing board.
"Nearly two years ago, the US developed a reconstruction plan that specified a target number of projects that would be executed using the Iraq Relief and Reconstruction Fund.
"That number was revised downward [last year]. Now it appears that the actual number of projects completed will be even lower," Mr Bowen says in his report.
Increasing security costs were "the most salient" reason behind the shortfall, he concluded.
While 93 per cent of the nearly $30bn (€25bn, £17bn) the US has appropriated for reconstruction has been committed to programmes and projects, more than 25 per cent of the funds have been spent on security costs related to the insurgency.
The largest expected increase in costs to complete planned projects had occurred in the Project and Contracting Office (PCO), which manages projects in the oil, electrical, security and water sectors and has been allocated $4.6bn in reconstruction funds.
While in most sectors PCO data indicated that project costs would not exceed initial estimates, Mr Bowen found that oil sector-related costs had been under-estimated by about $790m."
http://news.ft.com/cms/s/1005fd16-4984-11da-8686-0000779e2340.html
