BAGHDAD \u2014 More than 3.68 trillion Iraqi dinars \u2014 about $2.54 billion \u2014 along with $333 million has been returned to the public treasury since the introduction of the unified treasury account system, the Finance Ministry said Wednesday.<\/p>\n
The ministry said 3,743 zero-balance bank accounts have been closed under the reforms, which aim to improve oversight of government finances, reduce inactive balances and centralize public fund management.<\/p>\n
Funds recovered came from several sources. Inactive accounts untouched for more than five years under Cabinet Decision No. 23581 of 2023 yielded 159.56 billion dinars (about $109.9 million) and $133.86 million. Dormant treasury accounts returned 26.34 billion dinars (about $18.1 million) and $198.3 million. Balances linked to Finance Ministry departments contributed a further 149.22 billion dinars (roughly $102.8 million). Banks also recovered 293.81 billion dinars (about $202.4 million) in old operational expenditure balances during 2025.<\/p>\n
In a separate measure, 121 accounts belonging to centrally funded entities were transferred into a dedicated Finance Ministry account pending audit, with balances totaling 48.95 trillion dinars \u2014 about $33.7 billion \u2014 and $1.64 million.<\/p>\n
The ministry said technical teams are in the final stages of implementing a third phase of an electronic platform linking government banks to a centralized treasury monitoring system, following earlier phases covering salary, operational spending and current government accounts.<\/p>\n
The reforms follow the 2022 exposure of what became known as the \u201ctheft of the century,\u201d involving the disappearance of about $2.5 billion from tax deposit accounts belonging to the General Commission for Taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"BAGHDAD \u2014 More than 3.68 trillion Iraqi dinars \u2014 about $2.54 billion \u2014 along with $333 million has…\n","protected":false},"author":2,"featured_media":102029,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[11293,35583,592,35584,21730,35582,94,2872,6268,596,26638],"class_list":{"0":"post-102028","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iraq","8":"tag-about","9":"tag-accounts","10":"tag-and","11":"tag-balances","12":"tag-billion","13":"tag-dinars","14":"tag-iraq","15":"tag-million","16":"tag-ministry","17":"tag-the","18":"tag-treasury"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116532589741036555","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/102028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=102028"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/102028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/102029"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=102028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=102028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=102028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}