Comoros and the EU

Strengthening Public Finance Management Oversight and Accountability Institutions in Iraq

04/12/2019 - 12:42
Multisector

The efficient management of public resources and the delivery of services is critical in the achievement of public policy objectives, as well as in restoring the trust and social contract between Iraqi citizens and the country's institutions. This is especially true considering it is a resource-rich, upper-middle income country undergoing post-conflict stabilisation and reconstruction. For these reasons, support for reforms is one of the focal points of EU governance interventions and jointly implemented with the World Bank (WB).

 

The EU-WB Technical Assistance Programme, at federal and regional levels, complements the existing WB package of Public Finance Management reform intervention, and addresses some of the key vulnerabilities in Iraq's PFM, notably, with respect to strengthening PFM oversight and accountability.

 

This economic governance program aims to connect key public finance-related areas with the potential to sustainably transform resource management and service delivery by Iraqi public institutions, tangibly delivering benefits to Iraqi citizens.

 

Through its components, the programme supports government counterparts in the areas of reform coordination, payroll management, public procurement, State Owned Enterprises (SOEs), legal and regulatory framework, fiscal transparency, legislative oversight, external audit, and anti-corruption.

    

EU Contribution

EUR 15.6 million

Start-end

2018­-2021

Location

Countrywide - Baghdad, Erbil

Beneficiaries

The Iraqi population

Project stakeholders

Government of Iraq counterparts at federal and KRG level (notably the respective Ministry of Finance, Ministry of Planning, Federal Board of Supreme Audit, Integrity Commission, Shura Council, COMSEC, PMO, Ministry of Oil and IEITI, Ministry of Trade and Industry).

Implementing partner

World Bank

Funding instrument

Development and Cooperation Instrument

 

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