Iraq Pays $300m to Terror Victims

By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

Iraq has been taking initiatives to help the families of the people who died or were wounded as a result of the acts of violence that have shaken the country since the fall of the regime of late Iraqi President Saddam Hussein in 2003. In this framework, the funds paid by Iraq to its citizens who are known as “the victims of terrorist attacks and military errors” have exceeded $300 million up till now.

While Iraqi politicians consider spending money on such areas more important than squandering it for the sake of annual governmental allocations, economists believe that such expenditures have contributed to increasing consumerism in Iraqi society.

In 2009, Iraq ratified a law that regulates the payment of compensation for those who suffered from acts of violence. A governmental committee to accept applications from beneficiaries was formed, and subsequently opened branches in most provinces.

Since 2011, the country’s general budget has included a special article that requires compensation be paid to the victims of terrorism.

Jasem al-Aribi, the spokesman for the central government’s victim compensation committee, told Al-Monitor that “the total amount paid in compensation to victims of terrorist acts from July 2011 until January 2013 was 370 billion Iraqi dinars [$259 million].”

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