Following remarks from Iraqi President Barham Salih, who admitted on Sunday that Iraq has lost $150 billion since 2003 to corruption, a new international project launched on Monday aims to curb embezzlement and bolster transparency in Iraq’s public sector.
The 15 million-euro ($18.3 million) initiative, led by the United Nations Development Program Iraq in partnership with the European Union Mission in Iraq, was designed to support Iraqi institutions and enable Iraqi civil society to play a more active role in identifying and fighting corruption.