Iraq: Selected Issues

August 9, 2017

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Iraq: Selected Issues, (USA: International Monetary Fund, 2017) accessed November 23, 2024

Summary

This Selected Issues paper discusses the need to reduce Iraq’s current expenditure to create fiscal space for inclusive growth. Iraq’s public spending is high in international comparison and is driven by its two largest components: compensation of public employees and social transfers. The reform of social welfare cash transfer programs promises to improve their large targeting errors and result in greater capacity to address poverty at a lower fiscal cost. The government also needs to introduce further amendments to the draft pension bill and critically review programs benefiting victims of war and political persecution to improve their targeting and limit their potential for abuse and a negative impact on the labor supply.

Subject: Consumption taxes, Customs administration core functions, Labor, Pensions, Personal income tax, Revenue administration, Tax administration core functions, Taxes

Keywords: Africa, Bill growth, CR, Custom duty collection, Customs administration core functions, Global, Iraq, ISCR, Middle East, North Africa, Pensions, Personal income tax, Public sector wage premium, Rate, Rate in Iraq, Revenue, Tariff, Tariff rate, Tax administration core functions, Wage, Wage bill

Publication Details

Pages:

30
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/252
Stock No:

1IRQEA2017002
ISBN:

9781484314999
ISSN:

1934-7685

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