World Bank2017-09-072017-09-072008-06https://hdl.handle.net/10986/28209The 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 IGOACCOUNTINGACCOUNTING SYSTEMADMINISTRATIVE CLASSIFICATIONAGGREGATE EXPENDITUREAGGREGATE FISCALAGGREGATE REVENUEALLOCATION OF RESOURCESANNUAL BUDGETANNUAL BUDGET PROCESSANNUAL BUDGETINGANNUAL BUDGETING PROCESSANNUAL BUDGETSANNUAL FINANCIAL STATEMENTSAPPROPRIATIONSARTICLEBUDGET AGGREGATESBUDGET ALLOCATIONBUDGET ALLOCATIONSBUDGET CLASSIFICATIONBUDGET CLASSIFICATION SYSTEMBUDGET CREDIBILITYBUDGET CYCLEBUDGET DECISIONBUDGET DOCUMENTATIONBUDGET ESTIMATESBUDGET EXECUTIONBUDGET FORMULATIONBUDGET HOLDERSBUDGET IMPLEMENTATIONBUDGET LAWBUDGET MANAGEMENTBUDGET MANAGEMENT PROCESSBUDGET OUTTURNSBUDGET PREPARATIONBUDGET PREPARATION PROCESSBUDGET PROCESSBUDGET PROPOSALSBUDGET REFORMBUDGET REQUESTBUDGET SUBMISSIONSBUDGET SUPPORTBUDGET SURPLUSESBUDGET SYSTEMBUDGET YEARBUDGETARY ALLOCATIONSBUDGETARY OUTCOMESCAPITAL ASSETSCAPITAL BUDGETCAPITAL INVESTMENTCAPITAL PROJECTSCASH BALANCESCASH BASISCASH MANAGEMENTCASH RATIONINGCENTRAL AGENCIESCENTRAL GOVERNMENTCHART OF ACCOUNTSCIVIL SERVICECIVIL SERVICE REFORMCREDIBLE BUDGETDEBTDECISION-MAKINGDECISION-MAKING PROCESSDONOR AGENCIESECONOMIC CLASSIFICATIONECONOMIC GROWTHEDUCATION BUDGETEDUCATION EXPENDITURESEDUCATION PROGRAMSEDUCATION SERVICESENTITLEMENTSEXPENDITURE BUDGETEXPENDITURE FORECASTSEXPENDITURE POLICYEXPENDITURE PROGRAMSEXTERNAL AUDITFINANCE MINISTRYFINANCIAL ACCOUNTABILITYFINANCIAL ASSETSFINANCIAL CONTROLFINANCIAL INFORMATIONFINANCIAL MANAGEMENT INFORMATIONFINANCIAL MANAGEMENT INFORMATION SYSTEMFINANCIAL MANAGEMENT REPORTFINANCIAL PLANFINANCIAL REPORTSFINANCIAL STATEMENTSFINANCING ARRANGEMENTSFISCAL BALANCEFISCAL CONTROLFISCAL DISCIPLINEFISCAL FRAMEWORKFISCAL INFORMATIONFISCAL POLICYFISCAL POSITIONFISCAL RISKFISCAL STABILITYFISCAL SUSTAINABILITYGOVERNMENT ACCOUNTINGGOVERNMENT BUDGETGOVERNMENT EXPENDITUREGOVERNMENT FINANCEGOVERNMENT FINANCE STATISTICSGOVERNMENT PRIORITIESGOVERNMENT REVENUEGOVERNMENT REVENUESGOVERNMENT SPENDINGGOVERNMENTAL FISCAL RELATIONSGROSS DOMESTIC PRODUCTINFRASTRUCTURE INVESTMENTINTERNAL AUDITINTERNAL CONTROLINTERNAL CONTROLSINVESTMENT BUDGETINVESTMENT BUDGETINGINVESTMENT EXPENDITURELEGISLATIVE SCRUTINYLIQUIDITYMACROECONOMIC FRAMEWORKMACROECONOMIC STABILITYMANAGEMENT CONTROLMEDIUM-TERM PERSPECTIVEMINISTRY OF DEFENSEMINISTRY OF FINANCEMISTRUSTNATIONAL BUDGETNATIONAL GOVERNMENTNATURAL RESOURCESOIL PRICESOUTCOME BUDGETINGPERFORMANCE ACCOUNTABILITYPERFORMANCE INDICATORPERFORMANCE INDICATORSPERFORMANCE REVIEWPOLICY FORMULATIONPOVERTY REDUCINGPOVERTY REDUCTIONPRIVATE SECTORPROCUREMENT PROCESSPROCUREMENT SYSTEMSPROGRAM CLASSIFICATIONPUBLIC ACCOUNTABILITYPUBLIC CORPORATIONSPUBLIC ENTERPRISESPUBLIC EXPENDITUREPUBLIC EXPENDITURESPUBLIC FINANCESPUBLIC FINANCIAL MANAGEMENTPUBLIC FINANCIAL MANAGEMENT INSTITUTIONSPUBLIC FINANCIAL MANAGEMENT SYSTEMPUBLIC FINANCIAL RESOURCESPUBLIC MANAGEMENTPUBLIC MONEYPUBLIC OFFICIALSPUBLIC RESOURCESPUBLIC SECTORPUBLIC SECTOR ACCOUNTINGPUBLIC SECTOR EMPLOYMENTPUBLIC SECTOR ENTITIESPUBLIC SERVICEPUBLIC SERVICE DELIVERYPUBLIC SERVICESPUBLIC SPENDINGREALLOCATIONSRECURRENT EXPENDITUREREFORM AGENDAREFORM PROCESSESREFORM PROGRAMREFORM STRATEGYREGULATORY FRAMEWORKRESOURCE ALLOCATIONRESOURCE ALLOCATIONSRESOURCE MANAGEMENTREVENUE ESTIMATESREVENUE FORECASTINGREVENUE SHARINGREVENUE SOURCESSECTOR BUDGETSSECTORAL BUDGETSECTORAL CEILINGSSOCIAL BENEFITSSTRATEGIC POLICYSTRATEGIC PRIORITIESSUB-NATIONAL GOVERNMENTSSUPREME AUDIT INSTITUTIONSYSTEM OF BUDGET CLASSIFICATIONTAX PAYMENTSTRANSPARENCYUNCERTAINTYReportWorld Bank10.1596/28209