Iraq’s Dawn anti-corruption campaign is increasingly tied to debt reduction as Baghdad seeks to recover stolen assets, curb financial leakage and reduce reliance on borrowing.
ERBIL (Kurdistan24) – Iraq’s expanding anti-corruption campaign is increasingly being tied to a second challenge confronting the federal government: a large and growing debt burden that has become harder to manage as oil revenues fluctuate and the state continues borrowing to cover recurrent spending.
The government of Prime Minister Ali Falih al-Zaidi is presenting the recovery of stolen and illicitly acquired funds as part of a broader effort to strengthen public finances, while economists and anti-corruption specialists argue that Iraq…