Iraq budget 2015 pdf

Many new points of prosperity are also under consideration. In this sense, iraq is no different from any other state. Constrained by falling global oil prices, the budget act increases the level of borrowings to fund its projected deficit. The river drains the combined waters of the euphrates and tigris rivers of iraq, and the karun river of iran. It also addresses the recoverability of petroleum costs incurred by foreign oil companies undertaking upstream oil and gas activities, makes cuts to iraqs doubled. Click on the links below to access the steps reports or the fact sheets from iraq. Partnership,a dvocacy and innovation message from the executive director 1. Final iraq budget 2016 6 by the end of the fiscal year 2015, in accordance with accounting standards used to calculate the final expenditure amounts, excess or excessively paid amounts will, according to these lines, be considered as down payments and shall be counted when grants to departments or units are allocated in fiscal year 2016. Iraqs parliament finally approved the 2018 federal budget last week after amendments were made by the parliamentary finance committee to the original bill submitted by the government. Iraqs budgetary process central intelligence agency. Policy research notes represent the views of the authors and do.

No dates for visits by delegations to baghdad set yet. Fy 2015 overseas contingency operations oco request iraq train and equip fund page 5 a. Regime finance and procurement annex c key budgetary actors. The public availability of budget documents, open budget survey 2015 69 annex d. Iraq government budget 20042018 data 20192020 forecast. Policies, and technical memorandum of understanding december 22, 2015 the following item is a letter of intent and a memorandum of economic policies of the government of iraq. Isis financing in 2015 may 2016 executive summary isis economic model, unprecedented for a terrorist organization, is based upon its territorial control, which provides it with financial selfsufficiency and diversified resources.

In 2015, the organization had 15 oilfields in syria, chiefly in the region of deir ezzor, raqqa and hasakah, and 10 oilfields in iraq. Iraq security forces, reconstruction, foreign aid, embassy costs, and veterans health care for the war operations initiated since the 911 attacks. This was the last budget before the 2015 federal election. Much of the sediment clouding the water in this image of the persian gulf is from the shatt al arab river, which enters the gulf in the north along the iran iraq border. Snapshot of early warning alert and response network displacement crisis in iraq pdf, 7. Attacks on bases in iraq a slap in the face for the us.

Iraq budget 2014 iraqi dinar revaluation all iraq news. Between 2012 and 2015, certain countries made remarkable progress in budget transparency. A comparative analysis of the 20 federal budget and the approved budget for 2015 analysis paper 1415. This law shall be published in the official gazette and implemented as from 1 january 2015. Dec 29, 2014 the draft of the federal general budget of iraq for the 2015 fiscal year states that the total revenues shall be iqd 99. Iraqs parliament approves 2015 budget following oil price. Usaid implements funding from 12 foreign assistance accounts. Revenue sharing case study oil and gas revenue sharing in iraq. Despite loss of territory by isis in 2015, and thus loss of access to resources, the. Iraq s parliament has approved the countrys 2015 budget following weeks of debate on lower oil prices and how to write in a landmark oil export deal reached last year between baghdad and the. The cost of iraq, afghanistan, and other global war on. Military personnel during the conflicts in iraq and afghanistan matthew s. To enhance the transparency of the work of the congressional budget office cbo and to. The 2015 united states federal budget was the federal budget for fiscal year 2015, which runs from october 1, 2014 to september 30, 2015.

Iraq government budget value 20042019 data 20202022. In addition to lengthy subtitles on afghanistan, pakistan, and iraq, the russian federation, and the asiapacific region, the legislation signals clear congressional support for the defense departments assistance and training authorities, especially relating to counterterrorism operations. Iraq belongs to who health region eastern mediterranean and classified as upper middle according to world bank income classification 20. The availability of budget documents contains a series of four tables that allow the researcher to examine and map the public availability and dissemination of its countrys key budget documents i. The governorate of sulaymaniyah is located in the northeast of iraq, on the border with iran. Abadi urges world countries to reconstruct wartorn iraqi cities. Snapshot of who response activities in kirkuk governorate pdf, 772kb january march 2017. Corruption prevents iraq from taking advantage of its huge oil wealth. Key takeaways from this budget include cuts to security and defence spending. It is being made available on the imf website by agreement with the member as a service to users of the imf website. Policy department, directorate general for external policies. Baghdad iraq on tuesday gave its final confirmation of its divisive 2018 budget by publishing it in the official gazette, as announced by the countrys justice.

The afr demonstrates to congress, the president, and the public usaids commitment to its mission and accountability for the resources entrusted to it. Iraqi president rejects 2018 budget bill, returns it to parliament. The budget was read as it was received from the council of ministers, which had approved it the previous day. The attached charts reflect information on the account balances, sources and uses of the development fund for iraq dfi, which is managed by the coalition provisional authority cpa, in consultation with the iraqi governing council, the iraqi minister of finance, and the governor of the central bank of iraq. Under saddam hussein, iraqs budget remained a state secret, and the government divided budget formulation responsibilities between its ministry of finance and ministry of planning. The budget process began in june when the mof, headed by hikmat mizban ibrahim alazzawi. Countries that were at the bottom of the index in 2012, with scores of 40 or less, have improved markedly.

Stepwise approach to chronic disease risk factor surveillance. Iraq reconstruction better data needed to assess iraq s budget execution highlights of gao08153, a report to congressional committees the presidents new way forward in iraq identified iraq s inability to spend its resources to rebuild infrastructure and deliver essential services as a critical economic challenge to iraq s selfreliance. Iraq systematic country diagnostic february 3, 2017. Iraq president finally approves divisive 2018 budget. Iraq publishes 2018 budget in its official gazette. Financial challenges and opportunities for economic reform, 29. These include the national projects, and oil exploration project. Article 125 of the constitution mandates that laws shall be published in the gazette and shall take effect on the date of their publication, unless. It also addresses the recoverability of petroleum costs incurred by foreign oil companies undertaking upstream oil and gas activities, makes cuts to iraq s doubled.

Trade barriers restrict levels of trade and investment. Under saddam hussein, iraqs budget remained a state secret, and the government divided budget formulation responsibilities between its ministry of finance and ministry of plan ning. Many positive changes are expected within the country. Jun 30, 2018 iraq health situation report pdf, 770kb. Letter of intent, memorandum of economic and financial.

Development assistance, global health programs, international. Overview fy 2015 oco budget amendment overseas contingency operations 2 force level budget assumptions figure 2 displays the force levels assumed in the departments fy 2015 oco budget, expressed as annual average troop strength. The iraqi president approved the revised iraqi budget 2017. Health in iraq refers to the countrys public healthcare system and the overall health of the countrys population. Sulaymaniyah has a climate typical to the region, with hot, dry summers and cooler winters. Iraqs parliament has approved the countrys 2015 budget following weeks of debate on lower oil prices and how to write in a landmark oil export deal reached last year between baghdad and the. A statement issued by the iraqi presidential office that the draft law was unquestionably approved on seizing and capturing the movable and immovable property of the former iraqi regime elements. Iraq allocated 326 billion iraqi dinars to the province in the budget.

Jan 31, 2015 the iraqi budget has been signed, here is the official text enacted into law as per the president of the republic. Pdf overview of the education system in contemporary iraq. May 31, 2019 the mineral industry of iraq, 2015 pdf detailed description. The budget takes the form of a budget resolution which must be agreed to by both the united states house of representatives and the united states senate in order to become final, but never receives the signature or veto of the president of the united states. When the group first emerged, oil was immediately identified as a key element for its development. Usaids agency financial report afr for fiscal year fy 2015 provides an overview of the agencys performance and financial information. The general budget of the federal republic of iraq for fiscal. The budget was supposed to be presented in february or march before the fiscal year began on april 1, but was delayed because of the steep drop in oil prices in the winter of 201415.

Iraq s hitherto agrarian economy underwent rapid development following the 14 july revolution overthrowing the hashemite iraqi monarchy, becoming the thirdlargest economy in the middle east by 1980. Iraq recorded a government budget surplus equal to 6. Based on information available at the time of these discussions, the staff report was completed on july 10, 2015. Iraqi expert expects sweeping protests, says government untrusted. Iraq has conducted a subnational steps survey northern governorates in 2003 and national steps surveys in 2006 and 2015.

He also signed and approved the law on seizing the property of the former iraqi regime. Iraq publishes 2018 budget in its official gazette iraqi news. Iraqi state budget 2015 it deserves careful reading but needs serious revision ahmed mousa jiyad, iraqdevelopment consultancy and research, norway. Sulaymaniyah hosts the fertile plains of sharazur and bitwen, which give way to hills and the zagros mountain range in the northeast. Authorities, funding, and issues for congress congressional research service 1 fy2016 syria train and equip proposals proposed fy2016 defense authorization and appropri ations legislation under consideration in congress as of june 2015 h. The absence of a budget law hinders the governments ability to deliver the services needed for poverty reduction and general development. This figure is quite much more than last years budget. What has changed in the open budget survey in 2015 65 alternative data series analysis 66 comparing the 2015 obi to previous obi rounds is the best approach 67 annex c. The 2017 budget reduces government spending by about 5% compared to this years budget. The president of iraqi republic fuad massoum has approved the iraqi amended federal budget 2017. Table 2 republic of iraq macro outlook indicators annual percent change unless indicated otherwise 2014 2015 2016 e 2017 f 2018 f 2019 f real gdp growth, at constant market prices.

Force levels in iraq support operation inherent resolve in iraq. In the longterm, the iraq government budget is projected to trend around 1. The cost of iraq, afghanistan, and other global war on terror. Fiscal year 2015 budget request for development and. This memorandum describes the policies that iraq is.

The budget act forecasts revenue of iqd94b 1 in 2015, with more than 90% of the revenue coming from oil exports at an estimated rate of 3. The finance commission of iraqi parliament has given an expected figure of 8 to 11% increase in budget. This page provides iraq government budget actual values, historical data, forecast, chart. Isis currently controls numerous oilfields in syria and iraq. The canadian federal budget for fiscal year 2015 2016 was presented to the house of commons of canada by joe oliver on 21 april 2015. Iraq publishes 2018 budget in its official gazette iraqi. Dec 26, 2014 the federal public budget law of the republic of iraq for the year 2015. This page provides iraq government budget value actual values, historical data. Iraq recorded a government budget deficit of 853060 iqd million in januaryoctober 2019. The brain drain has been a serious impairment to economic functioning. The state of health in iraq has fluctuated during its turbulent recent history and specially during the last 4 decade. Between the years 1978 and 1981, there was an economic boom and iraq was able to develop its education, to make the country in 1985 free of illiteracy unesco, 2000.