Iraq: Sudani pursues anti-graft drive as IMF calls for prudent policies

Risk Management Reports
Issue 1160 - 19 Dec 2022 | 3 minute read

Risk Grade D4↑

Anti-corruption drive: Corruption remains a critical problem, which Prime Minister Mohammed Al-Sudani’s government will be judged on. Sudani said on 11 December the government had recovered another ID134bn ($92m) stolen from the General Commission of Taxes, in a case known as the ‘Theft of the Century’. It took the total recovered to ID317bn, out of some ID3.7tn reported stolen.

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles and set up news alerts.


Join our community

Sign up for an account to gain:

View a selection of Free articles

Explore subscription options

Follow us on Google News

Risk Management Report grades

GSN risk grades are intended to provide a broad guide to political and economic stability.

Political risk
Rated according to six grades, from A (most stable) to F (failed state).

Economic and financial risk
Graded from 1 (wealthiest/most sound financials) to 6 (bankrupt).

The grades are intended only to offer an immediate gauge of where risk stands in the regional pecking order. An A or 1 grade does not mean the polity is devoid of risk.

To provide a degree of nuance, risk grades also use trends arrows which go upwards (↑) or downwards () to denote cases where momentum is positive or negative.

The grades do not change regularly: upgrades and downgrades are intended to reflect long-term trends or the impact of an exceptionally changed situation.