Fiscal policy & Federal Budget – Page 2

Public Finance Management as a Driver of Instability in KRG. By Mohammed Hussein*

Introduction The Kurdistan Regional Government (KRG) stepped into 2022 with not enough cash to pay the December salaries of civil servants and pensioners; delayed to January 2022. Now, at mid-March, civil servants are going on strike and taking to the streets of Sulaymaniah to demand their February salaries. The evidence on the ground shows that the government developed a c

Introduction The Federal 2021 budget has been prepared by MOF and has been submitted to the council of ministers (COM), at the beginning of the budget year (January 2021). The COM has discussed and approved the draft budget and submitted to the council of representatives (COR), for further discussion and final approval. It has been taken about four months for the COR to comple

Contents Executive summary 3 INTRODUCTION 7 2.1. FMIS and the World implementation experience 7 2.2. Iraq Financial Management Information System (IFMIS) Implementation Experience (post 2003 period). 9 2.3. Lesson Learned 11 Government Enterprise Resource Planning (GERP) 12 3.1. GERP High Level Overview 13 3.2. Ira

INTRODUCTION This report summarizes key findings and recommendations from a remote technical assistance (TA) assignment performed by a short-term expert (STX), Mr. Djamel Bouhabel, from January 17 to February 4, 2021, to the General Customs Authority of Iraq (GCA). The main objective of the TA was to advise GCA on the development and effective application of customs assess

The ongoing discourse on Iraq’s 2021 draft Federal Budget raises concerns. The draft has been substantially revised by the Parliament’s Financial Committee in a way that would keep Iraq within its current “business as usual” status and neglect the long-time needed reforms. In particular, there is no indication that the Financial Committee has introduced any structural changes o