Preparing the federal general budget in light of uncertainty and its impact on strategic decisions

Abstract

The current research is an introduction to reforming government performance by getting rid of the traditional method of preparing the budget in a way that ensures efficient use of public funds by proposing a budget model that is consistent with the laws in force, such as the Federal Financial Management Law No. (6) of 2019, as the research period extended over the years (2015-2019) for the federal general budget in Iraq, due to the importance of this period due to the difficult economic conditions that the country went through, represented by the war on terrorism and fluctuations in oil prices, in addition to the approval of all budget laws for the years above. One of the most important findings of the research is that the budget system followed in Iraq It cannot achieve the long-term strategic goals of the state, as evidenced by the apparent reluctance of public budgets in covering the state’s strategic projects due to the huge operational expenses in the federal general budget.

Based on the above, the research recommended adopting estimates at the highest level to choose the most appropriate alternative and not being drawn into legal routine, such as issuing the supplementary budget law, and planning to reduce the burden on the budget, especially in the operational aspect. This is done by sponsoring productive institutions (self-financing) to distribute surplus employees to these institutions as a first step, then privatizing them in the future.