2025, Vol. 8, Issue 2

author(s)
Doaa Mohammed Abdul Rahman, Zuhair Yaseen Taha, Laith Jasim Mohammed and Ali Abdul Salam Abdul Daim

abstract
This study aims to assess the impact of money laundering on economic activities in Iraq using quantitative (digital) methods to address and detect the problem of money laundering and its impact on the Iraqi economy ^[1]. Specifically, it examines the impact on the economy and the extent of the damage inflicted on the financial sector since 2020, predicting the financial losses resulting from money laundering using two Python libraries: Matplotlib and Seaborn ^[2]. The study then seeks to reveal the damage inflicted on the financial sector in Iraq and attempt to address this problem ^[3]. The data in this study is based on secondary data collected from the annual reports of the Central Bank of Iraq (CBI) during 2021-2022. The collected data was statistically analyzed using the aforementioned artificial intelligence libraries ^[4]. The results show that money laundering has a significant negative impact on the Iraqi economy and causes structural damage to the local currency in both the short and long term, as predicted by the projections of future damage if this process (money laundering) continues ^[5]. Finally, the study recommends that the government take serious measures to combat money laundering in Iraq and protect the banking sector and the Iraqi economy ^[6].