The Iraqi government could end this year with as much as a $79 billion cumulative budget surplus, based largely on ever-increasing oil revenues, congressional auditors say. A report by the Government Accountability Office made public Tuesday prompted ...

Forbes - Iraqi government officials on Wednesday expressed "regret" about what U.S. officials said was mismanagement of oil revenues. U.S. auditors told Congress on Tuesday that Iraq is not spending much of its own money, despite soaring oil revenues that are ...