Mansour Al-Baiji, Deputy Head of the Reconstruction and Development Parliamentary Bloc, said on Thursday that Iraq is facing significant financial pressure and claimed that the state treasury is currently “empty.”
According to Al-Baiji, all funds recovered through the government’s ongoing anti-corruption campaign will be transferred to the state treasury to help address the country’s financial shortfall.
He explained that the campaign, launched by Prime Minister Ali al-Zaidi, aims to recover public money allegedly lost through corruption and return it to government accounts. Al-Baiji said these recovered funds could help the state meet financial obligations, support public spending, and reduce the budget deficit.
He described the return of looted funds as an important step toward improving Iraq’s financial position, especially at a time when the government is facing increasing economic challenges.
Al-Baiji also said the anti-corruption campaign could strengthen public confidence in the government’s efforts to protect public resources and hold corrupt officials accountable.
The campaign has become a major part of the government’s broader strategy to combat corruption, recover state assets, and improve financial stability. Officials hope that recovering misappropriated funds will provide additional support for government finances while reinforcing transparency and accountability within state institutions.
While Al-Baiji’s comments highlight concerns about the country’s financial situation, the government has not officially provided details regarding the total amount of funds recovered so far or how much impact those recoveries may have on the overall budget deficit.
