Based on the above, we see the importance of the budget in conducting the different affairs of the country, which predicts the amount of suffering and problems resulted from delaying the budget during the past years, in addition to the problems coincided with the budget of 2018 described as austere. Some repeated their call, from the RCD’s platform, for adopting modern models of budgets in preparing Iraq’s budget, aiming at increasing the exploitation of the expenditures in the best way possible.

Conclusions:

·         There are positive expectations that the oil prices will reach $80 approximately, which can reflect a great improvement in the Iraqi importation.

·         The government faced big problems in how to provide the financial allocations of the spending sections uncovered within the budget law.

·         The delay of approving the budget by the parliament council negatively affects the activities of the government and the private sector activities linked to it.

·         There are many expenditures linked with the critical issue of the citizen’s life, such as the expenditures of health and food security that cannot wait the budget.

·         There could be a surplus in the State’s budget due to the rise of the oil prices over the defined price in the budget.

Recommendations:

·         There must be a clear vision of the budget of 2019 that precede, in its planning, the events of the oil market, which no doubt reflects, negatively or positively, on the country’s budget.

·         The current Iraqi situation requires preparing a budget that is able to meet the development requirements properly, and it is necessary to solve all the problems constraining the government’s expenditure on the vital and strategic projects.

·         The high legislate body in the country, represented in the parliament, must take into consideration the time factor, which is very imporant in the works of the developed countries.

·         The government must make the budget supplementary or contingency, especially the critical expenditures that cannot be delayed in anyway.

·         The government must work to direct the spending of the budget’s surplus to pay the external debts owed by the country, to reduce the profits of those debts.

Names of some participating members during the week:

(1)   Dr. Abd Al-Zahra Al-Hindawi

(2)   Dr. Sabah Zangana

(3)   Mr. Karim Al-Nouri

(4)   Dr. Abdul Hakim Khasro

(5)   Mr. Salah Al-Arbawi

(6)   Dr. Basel Hussein

(7)   Mr. Ali Al-Musawi

(8)   Mr. Qaisar Al-Hashimi

(9)   Mr. Yaseen Taha

(10)  Mr. Rahman Al-Jabouri

(11)  Mr. Shwan Al-Dawoodi

(12)  Dr. Ghazi Ibrahim

What is contained in this paper is a summary of the proposed opinions in the electronic groups of RCD.