Funding and Financial Reform Process in Iraq

Authors

  • Latfe Jabar Alhusseinawi

Abstract

This paper attempts to provide an overview of the financial reform process in Iraq by providing in the following sections information regarding sources of financing in Iraq, negatives and positives of finance in Iraq, the problem of financing in Iraq and some proposed sources of finance. The final part will provide a conclusion and several insights on the road ahead for financial reforms in Iraq. The mainstream of finance is based on the process of insuring funds and using them to operate or develop projects, mainly focusing on choosing the most suitable source of funding.

Keywords: Financing, Direct finance, Indirect finance, Central Bank of Iraq , Fiscal policy , Oil and non-oil resources

References

Al-Hassani IT (1999) International finance. Majdalawi Publishing House, 29.

Haji (2007) The Concept of International Finance, a forum Arabs Mahasbeyen.

Savinar M (2004) The Oil Age is Over: What to Expect as theWorld Runs Out of Cheap Oil.

Iraq CB (2012) Government debt. Retrieved from www.cbi.iq: http://www.cbi.iq/index.php?pid=GovernmentSecurities

KPMG auditor`s report (2013). Central Bank of Iraq. (C. B. Iraq, Performer)

Central Bank of Iraq (2013) Press Communiqué - New Central Bank policy instruments. 3-4.

Economic Research Department (2013) Report for the draft financial budget for Iraq

The World Bank. (2014) Republic of Iraq Public Expenditure Review: Toward More Efficient Spending for Better Service Delivery. WashingtonDC

The World Bank Group (2008) Iraq Public Expenditure and Institutional Assessment (Vol. 2).

Michael E. O’Hanlon, & Ian Livingston. (2012). Iraq Index: Tracking Variables of Reconstruction & Security in Iraq. Brookings. Retrieved from http://www.brookings.edu/~/media/Centers/saban/iraq-index/index201207.pdf?la=en

UN Iraq. (2014). Iraqi Budget Execution. Joint Analysis Unit.

Bird R (1971) Wagner`s Law of Expanding Sttate Activities. Journal of Public Finance, 26, 1 - 26.

Groenewegen P (1970) Public Finance in Australia Theory and Practice.

Musgrave RA (1969) Fiscal System. New Haven: Yale University Press.

Peacock, Wiseman J (1967) The Growth of Public Expenditure in UK.

Ministry of Finance . (2007). Ministry of Finance General Budget Department.

Ministry of Finance. (2008). Department of General Budget.

Published

2018-01-06

How to Cite

Alhusseinawi, L. J. “Funding and Financial Reform Process in Iraq”. International Journal of Advances in Management and Economics, Jan. 2018, https://managementjournal.info/index.php/IJAME/article/view/62.