Increasing public resources through financial legislation in Iraq

 The state’s public financial resources are an essential basis for the spending process, as these resources must be managed through legal outlets in accordance with the legislation enacted by the legislative authority. The sources of funding according to the criteria drawn by the financial jurisprudence and approved by the scholars of public finance are many and varied. In terms of the importance of these sources to the state, they stand out through the increase in production through the operation of financial resources, and the achievement of well-being for members of society by improving their living conditions .Pricing decisions and collection mechanisms in the institution. It also works to cover the financial deficit of the owners of investment projects, and thus achieve economic development for the country. In our study on increasing the state’s public financial resources, we tried to shed light on the mechanisms by which the government treasury is supplied to cover the expenditures and the deficit in the public budget. At the conclusion of our study, we concluded that sovereign sources such as taxes and fees play an active role in covering  That deficit, but there are factors that sometimes go beyond the will of the state that lead to a decline in the role of taxes in developing countries. The decline in tax revenues is a reflection of the level of national income and the low per capita share of it in developing countries, and from here the success of the process of rationalizing spending depends on a number of factors, such as  Determining clear and precise objectives for government programs, setting priorities in light of limited resources, and finally, projects and programs must be identified according to a scale of priorities according to the degree to which they satisfy the needs of the most urgent individuals, and national and foreign investment is at the forefront of the priorities of increasing public financial resources. What we came to discuss in this study was based on financial and tax legislation that plays an active role in diagnosing the imbalance in the general budget, which can only be addressed by imposing the force of law and the validity of legislation that is not tainted by weakness and weakness in its formulation, and we have discussed the Iraqi financial and tax laws from  As its impact on increasing public financial resources in proportion to the economic and social situation in Iraq now. The recommendations that were included at the end of our study are realistic data for reforming the tax system in Iraq because taxes are a sovereign resource that supports the public budget, and that oil revenues cannot pay public expenditures, especially if there is waste and waste of public money accompanied by financial and administrative corruption.