Impact Of investment Allocations In The Reform Of Public Investment Management, Case Study In The Baghdad Mayoralty
Keywords:
public investment, investment allocationsAbstract
This study aims to determine the impact of investment allocations in the reform of public investment management through the strategic direction of budget resources to more productive sectors that make the economic, social and environmental infrastructure compatible with the actual needs of society and achieve results in an effective manner in an effective manner with appropriate time, cost and quality. The study was applied to The Mayoralty of Baghdad, which suffers from the problem of weak infrastructure and the deterioration of the existing one, to the extent that it negatively affected the lives of citizens through analyzing the historical trend of investment allocations in the federal budget of the Republic of Iraq. The federal budget data published in the Iraqi Gazette for the period from 2016 to 2021 was referenced, with the exception of The 2020 budget, as the budget has not been approved by the Iraqi parliament in its capacity as its legal legislator. The study concluded that there is a disparity in the investment allocation between government sectors and the selection of specific sectors and neglect of others and the existence of a volatile and fluctuating pattern in the allocation at the level of one sector, which was negatively reflected on the effective delivery of public services in the short, medium and long term, including the case of the Baghdad Mayoralty.