By the time the Coalition Provisional Authority (CPA) transferred power to the Iraqi Interim Government on June 28, 2004, “Because of bureaucratic delays, only 2 percent of the $18.4 billion Supplemental had been spent. Nothing had been expended on construction, health care, sanitation, or the provision of clean water, and more money had been devoted to administration than all projects related to education, human rights, democracy, and governance combined. At the same time, the CPA had managed to dole out almost all of a $20 billion development fund fed by Iraq’s oil sales, more than $1.6 billion of which had been used to pay Halliburton, primarily for trucking fuel into Iraq.”
– Rajiv Chandrasekaran, Imperial Life in the Emerald City, Page 288