This paper attempts to uncover some of the realities of the financial situation and the oil in Iraq and shed light on the other, and envisaged that the most basic tools for quantitative analysis.
At the same time, as expected, showed problems require further work to elucidate them as a prelude "to provide solutions to them. Among those problems, the inability of resources to cover domestic spending in the first years of the program of the oil investment, and also the" lack of display of foreign currency from official sources for the needs of the sector private sectors in the same transition period and within the price range of oil upon which the account. This trend has raised some question in the search, or even non-acceptance, in some circles because it distinguishes between government spending, inbound and external spending. It is not the intent of this discrimination, violation of the familiar, but consequences will be clear later, and may be known in advance "for those who work in public finance and those interested in funding problems experienced by Iraq and any country with characteristics similar. It must be emphasized that the indicators of the oil investment is estimated purely borne infectious The paper alone responsibility may differ from the plan of the Ministry of oil or less. but nevertheless sufficient for the purpose intended as fall within the potential scope, although it may not represent a scenario basis in it. hypotheses founded upon this analysis can be modified, later to be consistent with the proposals or any direction adopted by those responsible. It is normal if there are substantial changes in world oil demand and prices, or funding opportunities to be a recalculation to maintain the significance of realism to the scenario of the investment activity of oil and its impact on the balance of payments and external budget, is an attempt to discover the extent possible the economic and financial in Iraq party the opportunity and promising of our expansion program of oil. and tried, too, "look at the center of attention in connection with the foreign investor through a model demonstration project Astkhraja to reveal how to configure the financial indicators for the sharing of returns, risks and costs between the state as the owner of wealth and investing company and within the range customary to negotiate and resolution.
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