Every finding

Iraq’s newest audited state account is FY2019 — six years old.

The Board’s 2025 annual report closes the books on fiscal years 2017, 2018 and 2019. Nothing after 2019 has a final audited account.

13 state bodies spent past what parliament allowed — IQD 2.25tn (~$1.7bn) beyond their combined allocations in FY2017.

From the Board’s over-execution table: entities whose actual spend exceeded the revised allocation.

Basra — general & local administration spent 445% of its allocation — IQD 61.7bn (~$47m) beyond it.

The steepest over-execution rate in the table.

The single largest over-spend: National Pension Authority, IQD 1.67tn (~$1.3bn) beyond its allocation (118% of budget).

The largest absolute gap between allowed and spent in the table.

Everything Iraq earned beside oil in FY2017: IQD 10.24tn (~$7.9bn) — led by taxes on income & wealth at 32%.

The non-oil revenue table, summed; shares computed from the Board’s own rows.

Across 2011–2018 Iraq budgeted IQD 136.79tn (~$105.2bn) of deficits — the actual combined result was a deficit of IQD 12.71tn (~$9.8bn).

Planned deficit per budget law vs the Board’s recorded outturn, summed across the audited years. The budget document and reality are different genres.

2014: Iraq ran the entire year without a budget law — and closed it IQD 27.70tn (~$21.3bn) in deficit.

Where the planned-deficit figure should be, the Board prints “no budget law was issued.”

The oil governorates were owed IQD 649.7bn (~$500m) under the 5% petrodollar rule in FY2019 — Basra alone IQD 396.1bn (~$305m).

Entitlements recorded by the Board, governorate by governorate.

$40.4bn of Iraq's foreign debt remains unsettled across 10 creditor countries — the largest single claim held by Saudi Arabia.

Unresolved external debt as of the audited year, by creditor, as the Board records it.

31 state bodies deducted IQD 211.8bn (~$163m) in pension contributions from their staff and never handed the money to the National Pension Authority.

The annex register of unpaid pension deductions, summed — annex table 30.

State companies owe the public treasury IQD 3.76tn (~$2.9bn) of their profits — 11 companies named, led by Basra Oil Co.

The annex register of unpaid treasury profit shares, summed — annex table 31.

7 state and mixed companies have losses past the legal share of their capital — Mosul Dam Tourist City Co has eaten 1,221% of its capital.

Accumulated deficit against capital, as the Board records it — annex table 3.

The state's own two records of Saddam-era debt disagree by IQD 2.29tn (~$1.8bn) — the Public Debt Directorate and the Accounting Directorate keep different books.

Row-by-row gaps between the two directorates’ recorded balances, summed — printed page 88.