Audit of USAID/Iraq’s Provincial Economic Growth Program
Fiscal Year: 2009
Audit Report Available: No
The Provincial Economic Growth Program, planned as a 24-month activity with 2 option years, began in January 2008 with a budget of $120 million. The program is intended to provide business development and financial services to Iraqi beneficiaries in strategic locations across the country and to promote economic diversification and employment. The program emphasizes the growth of the manufacturing and service sectors in Provinces throughout Iraq. The two components that focus on providing business development services promote sector competitiveness and expansion of commercial lending through microfinance institutions and banks.
The audit will (1) determine whether the activities have achieved intended results in creating an enabling environment for business operations, (2) determine whether the grant activities have achieved the intended results, and (3) assess the impact of those results.
Source: Office of Inspector General ANNUAL PLAN FISCAL YEAR 2009
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