Iraq budget 2015 pdf

Usaids agency financial report afr for fiscal year fy 2015 provides an overview of the agencys performance and financial information. Ministry of finance the mof oversaw the formulation of the general government budget, which was based on the calendar year. Iraq systematic country diagnostic february 3, 2017. Development assistance, global health programs, international. 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. The general budget of the federal republic of iraq for fiscal. Iraq s economic boost entails a positive trade balance, with a trade surplus of nearly 12 billion u. Many positive changes are expected within the country. Isis currently controls numerous oilfields in syria and iraq. 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 budgetary process central intelligence agency. He also signed and approved the law on seizing the property of the former iraqi regime. The absence of a budget law hinders the governments ability to deliver the services needed for poverty reduction and general development.

Health in iraq refers to the countrys public healthcare system and the overall health of the countrys population. The cost of iraq, afghanistan, and other global war on. Stepwise approach to chronic disease risk factor surveillance. 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. 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.

It is being made available on the imf website by agreement with the member as a service to users of the imf website. 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. The finance commission of iraqi parliament has given an expected figure of 8 to 11% increase in budget. Iraq government budget 20042018 data 20192020 forecast. Letter of intent, memorandum of economic and financial. To provide ongoing support for national defence, eap 2015 will increase the automatic annual escalator for national defences budget to 3 per cent starting in 201718. 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. Iraq recorded a government budget surplus equal to 6. To enhance the transparency of the work of the congressional budget office cbo and to. Click on the links below to access the steps reports or the fact sheets from iraq. Snapshot of who response activities in kirkuk governorate pdf, 772kb january march 2017. 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. 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.

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. In this sense, iraq is no different from any other state. The cost of iraq, afghanistan, and other global war on terror. Snapshot of early warning alert and response network displacement crisis in iraq pdf, 7. The governorate of sulaymaniyah is located in the northeast of iraq, on the border with iran. Fy 2015 overseas contingency operations oco request iraq train and equip fund page 3 budget summary fy 2015 budget activity defense forces a. Jun 30, 2018 iraq health situation report pdf, 770kb.

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. Despite loss of territory by isis in 2015, and thus loss of access to resources, the. The afr demonstrates to congress, the president, and the public usaids commitment to its mission and accountability for the resources entrusted to it. Iraq publishes 2018 budget in its official gazette. It also addresses the recoverability of petroleum costs incurred by foreign oil companies undertaking upstream oil and gas activities, makes cuts to iraqs doubled. 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. This law shall be published in the official gazette and implemented as from 1 january 2015. Based on information available at the time of these discussions, the staff report was completed on july 10, 2015. The economy of iraq is dominated by the oil sector, which has provided about 99. Jan 31, 2015 the iraqi budget has been signed, here is the official text enacted into law as per the president of the republic. This figure is quite much more than last years budget.

The river drains the combined waters of the euphrates and tigris rivers of iraq, and the karun river of iran. Fy 2015 overseas contingency operations oco request iraq train and equip fund page 5 a. Iraq government budget value 20042019 data 20202022. 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 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 allocated 326 billion iraqi dinars to the province in the budget. Sulaymaniyah hosts the fertile plains of sharazur and bitwen, which give way to hills and the zagros mountain range in the northeast. May 31, 2019 the mineral industry of iraq, 2015 pdf detailed description. This memorandum describes the policies that iraq is. Trade barriers restrict levels of trade and investment. The draft of the federal general budget of iraq for the 2015 fiscal year states that the total revenues shall be iqd 99. Iraqi expert expects sweeping protests, says government untrusted. Financial challenges and opportunities for economic reform, 29. Force levels in iraq support operation inherent resolve in iraq.

The public availability of budget documents, open budget survey 2015 69 annex d. Regime finance and procurement annex c key budgetary actors. 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. Countries that were at the bottom of the index in 2012, with scores of 40 or less, have improved markedly. Partnership,a dvocacy and innovation message from the executive director 1. 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. 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. 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.

Iraq president finally approves divisive 2018 budget. A comparative analysis of the 20 federal budget and the approved budget for 2015 analysis paper 1415. Iraq budget 2014 iraqi dinar revaluation all iraq news. 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. Sulaymaniyah has a climate typical to the region, with hot, dry summers and cooler winters. Corruption prevents iraq from taking advantage of its huge oil wealth. The president of iraqi republic fuad massoum has approved the iraqi amended federal budget 2017. The iraqi president approved the revised iraqi budget 2017. Iraq has conducted a subnational steps survey northern governorates in 2003 and national steps surveys in 2006 and 2015. In the longterm, the iraq government budget is projected to trend around 1.

Policy research notes represent the views of the authors and do. Key takeaways from this budget include cuts to security and defence spending. In 2015, the organization had 15 oilfields in syria, chiefly in the region of deir ezzor, raqqa and hasakah, and 10 oilfields in iraq. These include the national projects, and oil exploration project. 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 and syria in the summer of 2014 represented a substantial challenge.

Fiscal year 2015 budget request for development and. The 2017 budget reduces government spending by about 5% compared to this years budget. No dates for visits by delegations to baghdad set yet. Dec 26, 2014 the federal public budget law of the republic of iraq for the year 2015.

Policy department, directorate general for external policies. 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 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. This page provides iraq government budget value actual values, historical data. Usaid implements funding from 12 foreign assistance accounts. The 2015 united states federal budget was the federal budget for fiscal year 2015, which runs from october 1, 2014 to september 30, 2015. Constrained by falling global oil prices, the budget act increases the level of borrowings to fund its projected deficit. Iraq publishes 2018 budget in its official gazette iraqi news. When the group first emerged, oil was immediately identified as a key element for its development. 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. Revenue sharing case study oil and gas revenue sharing in iraq. This was the last budget before the 2015 federal election.

The brain drain has been a serious impairment to economic functioning. 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. 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. 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. At its lar gest, is controlled territory straddling two countries, syria and iraq, stretched from north to south, from palmyra to the turkish border, and from east to west, starting as far east as kobane known as ayn al.

Iraq security forces, reconstruction, foreign aid, embassy costs, and veterans health care for the war operations initiated since the 911 attacks. The budget was read as it was received from the council of ministers, which had approved it the previous day. Attacks on bases in iraq a slap in the face for the us. 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. Iraq publishes 2018 budget in its official gazette iraqi. Abadi urges world countries to reconstruct wartorn iraqi cities. Between 2012 and 2015, certain countries made remarkable progress in budget transparency. 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. The budget process began in june when the mof, headed by hikmat mizban ibrahim alazzawi. Iraqi state budget 2015 it deserves careful reading but needs serious revision ahmed mousa jiyad, iraqdevelopment consultancy and research, norway. Iraq recorded a government budget deficit of 853060 iqd million in januaryoctober 2019. Iraq belongs to who health region eastern mediterranean and classified as upper middle according to world bank income classification 20.