Mixed review

BAGHDAD - At the end of this year an all-Iraqi body should take on the responsibility of ensuring the oil revenues are collected and accounted for properly, according to the U.N.-mandated group now serving the auditing role.

Iraq relies on oil revenues – currently safeguarded at the Federal Reserve Bank of New York – for 95 percent of state income. It earned nearly $62 billion last year and $20 billion so far this year.