SCOOTER POST: WORLD BANK FINANCIAL REVIEW UPDATE ON IRAQ
The World Bank released their review of the Financial Sector for Iraq. There's several items to remember: The report was strongly worded toward the officials in Iraq to get their act together and complete some of the basic task from the original MOU in 2006.
Many of the task should have been completed years ago and that is very disturbing. However, they have laid out some strong timelines for completion, particularly toward the end of the year timeframe.
Remember, this was released in June 2011 and is just now being released to the public. Why? hmmmmm. I'll let you decide for yourself. Many of the task are targeted for completion December 31, 2011
Excerpts from the Conclusions and Recommendations of the Report
ACTION PLAN FROM THE WORLD BANK
"Truth is everlasting, but our ideas about truth are changeable. Only a little of the first fruits of wisdom, only a few fragments of the boundless heights and depths of truth, have I been able to gather"