Iraq on Thursday participated in the Arab Forum for Anti-Corruption Agencies and Financial Investigation Units in Riyadh, Saudi Arabia.

The head of Iraq's Commission of Integrity, Haider Hanoun on Thursday addressed the country’s measures to combat corruption and its role in achieving development and economic growth, highlighting international reports that indicate growth in the Iraqi economy, reflected in increased GDP and non-oil revenues, alongside decreased inflation rates.

“Corruption leads to decreased investment rates and a general budget deficit,” he was quoted by Iraqi state media as saying.

Moreover, the Governor of the Central Bank of Iraq, Ali Mohsen al-Alaq, on Thursday said that recent measures using the foreign transfer platform prevented money laundering operations in the country.

Alaq, speaking at the Arab forum, underscored the Central Bank's efforts to promote financial transparency and exchange information internationally.

He noted that “recent actions, including the use of electronic foreign transfer platforms, effectively identified the real beneficiaries and prevented the misuse of foreign transfers for money laundering purposes.”

Additionally, he highlighted the use of cash sale platforms, facilitating access to foreign currency for travelers, students abroad, and other legitimate needs according to the law.

The Commission of Integrity, led by Judge Haider Hanoun, launched the “Where Did You Get This?” campaign last year to combat corruption and illicit gains among candidates for local provincial elections in Iraq.

This initiative urged citizens to report any suspicious increases in the funds of candidates, their spouses, or their children, operating within the framework of Iraq's Integrity and Illicit Gains Commission Law.

The campaign aimed to prevent corruption and recover embezzled public funds, aligning with the Commission's broader mission to uphold transparency and accountability in public service.

Furthermore, the campaign extended its reach to political party leaders and various organizations.

Additionally, Hanoun announced the establishment of an Inspection Department within ministries last December, aiming to prevent corruption.

He mentioned a forthcoming second amendment to the Integrity and Illicit Gains Commission Law, which would reportedly reduce corruption by 90 percent, emphasizing the Commission's comprehensive efforts to combat corruption, including recovering funds stolen from Iraq since 2003.