Democratic Underground - US 'wasted $30bn on Afghanistan and Iraq' over decade (BBC)

US 'wasted $30bn on Afghanistan and Iraq' over decade (BBC) [View All]

Eugene

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Mon Aug-29-11 06:27 PM
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US 'wasted $30bn on Afghanistan and Iraq' over decade (BBC)

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Source: BBC

29 August 2011 Last updated at 22:57 GMT

US 'wasted $30bn on Afghanistan and Iraq' over decade

By Kim Ghattas
BBC News, Washington

The US government has wasted $30bn (£18bn) in contracts in Afghanistan and Iraq over the last decade, according to a bi-partisan spending commission.

The commission on wartime contracting blamed an over-reliance on contractors, poor planning and fraud for the waste.

It had evidence of lax accountability and inadequate competition, it said.

Writing in the Washington Post, the report's authors warn that investments in the two countries could be wasted even after US involvement there ends.

-snip-

Read more: http://www.bbc.co.uk/news/world-us-canada-14712172

Related: Reducing waste in wartime contracts - Washington Post

Only $30 billion?

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US 'wasted $30bn on Afghanistan and Iraq' over decade (BBC) [View All]