RECOMMENDATION 63:
• The United States should encourage investment in Iraq’s
oil sector by the international community and by international
energy companies.
• The United States should assist Iraqi leaders to reorganize
the national oil industry as a commercial enterprise, in order
to enhance efficiency, transparency, and accountability.
• To combat corruption, the U.S. government should urge
the Iraqi government to post all oil contracts, volumes,
and prices on the Web so that Iraqis and outside observers
can track exports and export revenues.
• The United States should support the World Bank’s efforts
to ensure that best practices are used in contracting. This
support involves providing Iraqi officials with contracting
templates and training them in contracting, auditing, and
reviewing audits.
• The United States should provide technical assistance to
the Ministry of Oil for enhancing maintenance, improving
the payments process, managing cash flows, contracting
and auditing, and updating professional training programs
for management and technical personnel.
Analysis of this recommendation is here:
http://www.alternet.org/story/45190