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Abdulridha, Mustafa Mahdi
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Fiscal Policy and Financing of Water Resources Management Projects in Iraq: Challenges and Solutions Abdulridha, Mustafa Mahdi
International Journal on Economics, Finance and Sustainable Development (IJEFSD) Vol. 7 No. 4 (2025): International Journal on Economics, Finance and Sustainable Development (IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v7i4.5510

Abstract

Exacerbated by way of weather trade, population boom, and terrible monetary coverage, Iraq's water sources management is in huge hassle. Sustainable Financing Mechanisms: Fiscal policy is a chief source or device to offer long-term financing arrangements to finance infrastructure projects that preserve and distribute water. Government economic policy plays a crucial role in nearly each realizable thing of the financial system, while a brand new ecology, adapted to an increasingly scarce approach of obvious survival, might call for a holistic technique, which needs to be taken severely and need to, therefore, come to the fore in overcoming this kind of barriers to the financing of effective water resources management in Iraq. The objective of the studies is evaluate authorities expenditure, tax guidelines and the financial incentives that affect water handling projects The have a look at explores economic measures and their position in making sure sustainability of water sources and affords pointers for enhancing financial governance and aid productivity (Al-Ansari et al., 1970).
Reducing Oil Dependence: A Sustainable Fiscal Strategy for Iraq Abdulridha, Mustafa Mahdi
International Journal on Economics, Finance and Sustainable Development Vol. 8 No. 1 (2026): International Journal on Economics, Finance and Sustainable Development (IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v8i1.5567

Abstract

Iraq possesses an oil-dominated economy, relying on over 90% of its government revenue from petroleum exports. Such reliance creates situations where extreme shifts in international oil rates lead to huge budgetary shortages, increased inflation and economic meltdowns for the economy. Iraq requires a sustainable fiscal policy to reduce its dependence on oil, to ensure long-term macro-economic stability and diversification among other sectors. The article reviews pivotal policy measures: taxation, public sector streamlining; and private sector establishment. Through improved tax collection mechanisms, a greater investment in a solid infrastructure and a global business-friendly climate, Iraq will increase non-oil revenues and encourage industrial and agricultural expansion. In addition, governance reforms along with transparency measures will be necessary to provide effective public spending and reduce corruption. It also examines practical fiscal diversification approaches undertaken by other resource-rich countries, and offers customized policy prescriptions based on Iraq's unique economic and political realities. If correctly implemented, these policies could help Iraq progress toward an economy that is more resilient, diversified, and sustainable; one that would be less susceptible to external shocks and maintain prosperity in the medium to longer term.