Copyright Page
IMF Country Report No. 23/72
REPUBLIC OF IRAQ
TECHNICAL ASSISTANCE REPORT ON GOVERNMENT FINANCE STATISTICS MISSION (DECEMBER 5–19, 2021)
February 2023
This report on the Republic of Iraq was prepared by a staff team of the International Monetary Fund. It is based on the information available at the time it was completed in November 2022.
Copies of this report are available to the public from
International Monetary Fund • Publication Services
PO Box 92780 • Washington, D.C. 20090
Telephone: (202) 623–7430 • Fax: (202) 623–7201
E-mail: publications@imf.org Web: http://www.imf.org
Price: $18.00 per printed copy
International Monetary Fund
Washington, D.C.
© 2023 International Monetary Fund
Title page
Republic of Iraq
Report on Government Finance Statistics Mission (December 5–19, 2021)
November 2022
Prepared By Nadine Aboukhaled, Yousef Daqa, Tareg Abdelkader
The contents of this report constitute technical advice provided by the staff of the International Monetary Fund (IMF) to the authorities of Iraq (the “TA recipient”) in response to their request for technical assistance. This report (in whole or in part) or summaries thereof may be disclosed by the IMF to IMF Executive Directors and members of their staff, as well as to other agencies or instrumentalities of the TA recipient, and upon their request, to World Bank staff, and other technical assistance providers and donors with legitimate interest unless the TA recipient specifically objects to such disclosure (see Operational Guidelines for the Dissemination of Technical Assistance Information). Publication or Disclosure of this report (in whole or in part) or summaries thereof to parties outside the IMF other than agencies or instrumentalities of the TA recipient, World Bank staff, other technical assistance providers and donors with legitimate interest, shall require the explicit consent of the TA recipient and the IMF’s Statistics Department.
Contents
Glossary
SUMMARY OF MISSION OUTCOMES AND PRIORITY RECOMMENDATIONS
DETAILED TECHNICAL ASSESSMENT AND RECOMMENDATIONS
A. The Mapping of the new Chart of Accounts to the GFSM 2014
B. Introducing the Classification of the Functions of the Government (COFOG)
C. Improving GFS Compilation and Dissemination
D. The Institutional Coverage
E. Officials Met During the Mission
TABLES
1. Priority Recommendations
2. National Economic Classification – Coding Structure
3. National Administrative Classification – Coding Structure
APPENDICES
I. The List of Excel Files Provided to the Authorities
II. COFOG Table 7 of the IMF’s annual GFS questionnaire (FY 2020)
III. Public sector Debt statistics for Budgetary Central Government for FY 2019/2020
IV. List of Public Entities
Glossary
| BCG | Budgetary Central Government |
| CBI | Central Bank of Iraq |
| COA | Chart of Accounts |
| COFOG | Classification of the Functions of Government |
| CEF | IMF’s Middle East Center for Economic and Finance |
| GG | General Government |
| EBU | Extrabudgetary unit |
| FY | Fiscal year |
| GFS | Government Finance Statistics |
| GFSY | Government Finance Statistics Yearbook |
| GFSM 2014 | Government Finance Statistics Manual 2014 |
| IFMIS | Integrated Financial Management Information System |
| IMF | International Monetary Fund |
| METAC | The Middle East Regional Technical Assistance Center |
| LG | Local Governments |
| MOF | Ministry of Finance |
| PSDS | Public Sector Debt Statistics |
| PSDSG 2011 | Public Sector Debt Statistics Guide for Compilers and Users 2011 |
| PSIT | Public Sector Institutional Table |
| SSF | Social Security Fund |
| STA | Statistics Department of the IMF |
| TA | Technical assistance |
| UN | United Nations |
| UNCTAD | United Nations Conference on Trade and Development |