World Bank2017-09-072017-09-072008-06https://hdl.handle.net/10986/28210The public expenditure and institutional assessment (PEIA) were motivated by a number of factors. First, both the Government of Iraq (GoI) and its international development partners have recognized the critical importance of sound management of Iraq's substantial public financial resources. Both parties support the reform and modernization of public financial management (PFM), as articulated in the International Compact for Iraq (ICI). Secondly, international experience demonstrates the importance of establishing a baseline against which progress in PFM over time can be measured. This implies the need for an assessment which provides the information necessary to measure the performance of a country's PFM system. Thirdly, the devastating circumstances in Iraq during the past 5 years have made the institutional arrangements for PFM the subject of considerable uncertainty. The PEIA can help to shape and prioritize the necessary development program. The report is organized in two main parts. Volume one contains a summary of the main issues to emerge from the public expenditure and financial accountability (PEFA) assessment and a discussion of a number of specific PFM issues of current importance to Iraq, including: capital investment budgeting (CIB), oil revenue management, the Iraq financial management information system (IFMIS), public accounting and accountability, and payroll management. Volume two contains a detailed technical analysis behind the PEFA assessment.en-USCC BY 3.0 IGOACCESS TO INFORMATIONACCOUNTINGACCOUNTING SYSTEMADMINISTRATIVE EXPENDITUREAGGREGATE BUDGETAGGREGATE EXPENDITUREAGGREGATE FISCALAGGREGATE REVENUEANNUAL BUDGETANNUAL BUDGET PROCESSANNUAL BUDGETSANNUAL FINANCIAL STATEMENTSANNUAL REPORTSAPPROPRIATIONBUDGET BILLBUDGET CIRCULARBUDGET CLASSIFICATIONBUDGET CLASSIFICATION SYSTEMBUDGET CREDIBILITYBUDGET CYCLEBUDGET DATABUDGET DEFICITBUDGET DOCUMENTATIONBUDGET EXECUTIONBUDGET FORMULATIONBUDGET HOLDERSBUDGET IMPLEMENTATIONBUDGET LAWBUDGET OUTTURNBUDGET PERIODBUDGET PREPARATIONBUDGET PREPARATION PROCESSBUDGET PROPOSALBUDGET PROPOSALSBUDGET REQUESTBUDGET SUBMISSIONBUDGET SUBMISSIONSBUDGET SUPPORTBUDGET SURPLUSBUDGET SURPLUSESBUDGET TRANSFERSBUDGET YEARBUDGETARY ALLOCATIONSBUDGETARY EXPENDITUREBUDGETARY IMPACTBUDGETARY OUTCOMESBUDGETING PROCESSCAPITAL BUDGETCAPITAL EXPENDITURECAPITAL INVESTMENTCAPITAL INVESTMENTSCASH BALANCESCASH FLOWCENTRAL BANKCENTRAL GOVERNMENTCENTRAL GOVERNMENT BUDGETCHART OF ACCOUNTSCIVIL SERVANTSCIVIL SERVICECIVIL SERVICE REFORMCOMMERCIAL BANKSCONDITIONALITYCORPORATE INCOME TAXCOST ESTIMATESDATA COLLECTIONDEBTDEBT SERVICINGDEBT SUSTAINABILITYDECENTRALIZATIONDEFICIT FINANCINGDOMESTIC DEBTDOMESTIC REVENUEDONOR ASSISTANCEDONOR FINANCINGDONOR FUNDINGECONOMIC CLASSIFICATIONECONOMIC GROWTHEXCHANGE RATEEXPENDITURE FRAMEWORKEXPENDITURE POLICYEXPENDITURE PROGRAMSEXPENDITURESEXTERNAL AUDITEXTERNAL DEBTFINANCE MINISTRYFINANCIAL ACCOUNTABILITYFINANCIAL ASSETSFINANCIAL INFORMATIONFINANCIAL INSTITUTIONSFINANCIAL MANAGEMENT INFORMATIONFINANCIAL MANAGEMENT INFORMATION SYSTEMFINANCIAL MANAGEMENT INFORMATION SYSTEMSFINANCIAL MANAGEMENT REPORTFISCAL AGGREGATESFISCAL BALANCEFISCAL DATAFISCAL DEFICITFISCAL DISCIPLINEFISCAL FORECASTSFISCAL INFORMATIONFISCAL PERFORMANCEFISCAL PERSPECTIVEFISCAL POLICYFISCAL POSITIONFISCAL REPORTINGFISCAL RISKFISCAL RISKSFISCAL SUSTAINABILITYFOREIGN CURRENCYFORWARD ESTIMATESGOVERNMENT BUDGETGOVERNMENT EXPENDITUREGOVERNMENT POLICYGOVERNMENT REVENUESGOVERNMENT SPENDINGGOVERNMENTAL FISCAL RELATIONSHEALTH CLINICSINCOME TAXINFLATIONINTEREST PAYMENTSINTERGOVERNMENTAL FISCAL RELATIONSINTERNAL AUDITINTERNAL CONTROLSINVESTMENT BUDGETINVESTMENT BUDGETINGINVESTMENT EXPENDITURELEGISLATIVE SCRUTINYLOCAL CURRENCYMACROECONOMIC FRAMEWORKMINISTRY OF FINANCEMULTILATERAL AGENCIESNATIONAL ACCOUNTSNATIONAL BUDGETNATIONAL GOVERNMENTOIL PRICESOIL PRODUCTSOIL RESOURCESOPERATIONAL EFFICIENCYPERFORMANCE INDICATORSPERFORMANCE MEASUREMENTPERSONAL INCOMEPERSONAL INCOME TAXPREPARATION OF BUDGET SUBMISSIONSPROGRAMSPUBLIC CORPORATIONSPUBLIC DEBTPUBLIC ENTERPRISESPUBLIC EXPENDITUREPUBLIC FINANCEPUBLIC FINANCESPUBLIC FINANCIAL MANAGEMENTPUBLIC GOODSPUBLIC INSTITUTIONSPUBLIC OFFICIALSPUBLIC RESOURCESPUBLIC SECTORPUBLIC SECTOR ENTITIESPUBLIC SERVICEPUBLIC SERVICE PROVIDERSPUBLIC SERVICESPUBLIC SPENDINGPUBLIC WORKSREAL ESTATE TAXREALLOCATIONSRECURRENT EXPENDITURERECURRENT EXPENDITURESREFORM PROCESSREFORM PROGRAMREFORM STRATEGYREGIONAL GOVERNMENTREGULATORY FRAMEWORKRESOURCE ALLOCATIONSREVENUE FORECASTINGREVENUE POLICYREVENUE SOURCESSALES TAXSERVICE DELIVERYSOCIAL INSTITUTIONSSOCIAL PROTECTIONSTATE BUDGETSTRATEGIC ALLOCATIONSTRATEGIC ALLOCATION OF RESOURCESSTRATEGIC PLANSSTRUCTURAL REFORMSSUB-NATIONAL GOVERNMENTSSUSTAINABILITY ANALYSISTAX ADMINISTRATIONTAX ARRANGEMENTSTAX BASETAX COLLECTIONTAX COLLECTIONSTAX EVASIONTAX LAWTAX PAYMENTSTAX REVENUETAXPAYERSTOTAL EXPENDITURETRANSFER TAXESTRANSPARENCYUNCERTAINTYReportWorld Bank10.1596/28210