Saturday, September 7, 2024

DINAR REVALUATION REPORT: Iraq's Six-Year Strategy to Combat Corruption: An Update for 2024, 7 SEPT

 Iraq's Six-Year Strategy to Combat Corruption: An Update for 2024

In an effort to tackle the pervasive issue of corruption, the Federal Commission of Integrity in Iraq has announced its determination to draw up a six-year strategy aimed at addressing this critical problem[^1^]. This ambitious plan comes at a time when Iraq is grappling with the aftermath of decades of armed conflict, seeking to stabilize and reform its governance systems[^2^].

Background on Corruption in Iraq

Corruption has long been a major concern in Iraq, affecting various sectors and undermining public trust in the government. The most recent scandal, dubbed "the theft of the century," involved the embezzlement of $2.5 billion from an idle government account[^2^]. This incident, among others, has highlighted the extent to which corruption is embedded within the state apparatus, implicating high-ranking officials and compromising accountability mechanisms[^2^].

The Role of the Federal Commission of Integrity

The Federal Commission of Integrity, established as Iraq's foremost anti-corruption body, shoulders the strategic responsibility for monitoring and ensuring national compliance with the provisions of the UN Convention Against Corruption (UNCAC)[^3^].

The New Strategy: Key Objectives and Approach

The proposed six-year strategy aims to mobilize ministries, institutions, and other key stakeholders through a comprehensive policy and regulatory framework designed to assist Iraqi institutions in reducing systemic corruption[^4^]. This includes the use of digitization as a foundational tool to enhance transparency and efficiency in governance[^3^]

International Support and Collaboration

The European Union Advisory Mission (EUAM) Iraq has been actively engaged in supporting the national anti-corruption agenda through its partnership with the Federal Commission of Integrity, key stakeholders, and international organizations such as the UNDP[^4^]. Such collaboration is crucial in addressing the complex phenomenon of corruption, which poses a significant risk to Iraq's stability, national security, and economic development[^4^].

Conclusion

As of September 7, 2024, the Federal Commission of Integrity's commitment to combat corruption through a strategic, multi-year approach is a significant step in the right direction. By leveraging international support and prioritizing digitization, Iraq is positioning itself to tackle corruption more effectively and promote good governance.

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