Home Economic News Wed. AM KTFA News Articles from Iraq 6-10-26
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Wed. AM KTFA News Articles from Iraq 6-10-26

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KTFA

Clare » June 10th, 2026

A member of parliament warns of the “erosion” of Iraq’s cash reserves due to operational expenses.

6/9/2026

Kurdish MP Jamal Kojar warned on Tuesday of the “erosion” of Iraq’s cash reserves due to the country’s monthly operating expenses.

Kujer told Al-Furat News Agency, “The talk about concerns about the erosion of the cash reserve is due to the existence of facts that confirm the country’s need for at least 8 trillion dinars per month to cover operating expenses.”

He added, “The financial resources are less than this amount, so we will definitely need to borrow, whether internally or externally, and these concerns are realistic under the current circumstances.”

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed in a press statement today that “about 40 million Iraqis depend directly or indirectly on government income,” stressing that any external borrowing should be “smart debt” for productive projects, not for consumption.

He added, “C********n and kickbacks raise the cost of projects in Iraq by up to 45%.”

Ragheed (LINK)

Kurdistan Integrity Commission announces a rewards system for whistleblowers reporting c********n cases.

6/9/2026

Integrity Commission in the Kurdistan Region announced on Tuesday the launch of a special project to grant financial rewards to those who report c********n cases and files, as part of its expanded strategy to combat financial and administrative c********n in the region.

The head of the Integrity Commission in the region, Ahmed Anwar, said in a press conference attended by Shafaq News Agency that the commission has begun activating the provisions of the Anti-C********n Law in the region, which grants it the authority to award rewards to citizens who provide accurate and documented information about c********n cases, where the value of the reward is determined based on the size and importance of the case.

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Anwar explained that the mechanism followed includes referring all information received from informants to the competent investigations division of the authority for verification and action, stressing that “the law guarantees full protection of the identity of informants; if a person wishes to keep his name secret, his information is included in a highly confidential system that no party has the right to access.”

The head of the authority added that if the person who disclosed the c********n wishes to reveal his identity, his name will be included in the list of those cooperating with the authority publicly.

Regarding c********n indicators, Anwar revealed that the number of c********n cases that were prepared and referred to the judiciary during the past six months in the Kurdistan Region has recorded a significant increase compared to the second half of 2025.

He confirmed that the commission will issue a detailed report at the end of June, which will include an update to the list of cases referred to the judiciary, with the aim of strengthening coordination between the commission’s departments and the competent courts in the region to accelerate the pace of deciding on c********n cases. (LINK)

Source: Dinar Recaps

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