دور مزاد العملة في التدفقات المالية غير المشروعة في العراق
Keywords:illicit financial flows, central Bank of Iraq, currency auction, remittance, falsification of invoices, fictitious invoices, tax revenue losses.
The term illicit financial flows refers to capital outflows that are collected, transferred or illegally used. The country faces three losses of its resources because of these flows . The First is the loss of the flows, which could become a source to finance local investment and reducing the need for foreign exchange .The second is the losing of the returns of these flows .Finally is the governments loss of Tax revenues of thes flows and it returns.
The research sheds light on estimating the illicit financial flows in Iraq, which pass through currency auction, then determining the volume and significance of the losses that Iraqi economy faces because of these flows.