The Role of Optimal Utilization of Local Resources in Support of the State Budget (An Applied Study in Iraqi Reality for the Period After 2003)
DOI:
https://doi.org/10.61841/35t3hy95Keywords:
optimal utilization, ocal resources, state budgetAbstract
The study aims to achieve shedding light on the concept of optimal utilization of available local resources, whether this relates to Oil resources, Water resources, Agricultural Resources (palm products) and Religious tourism resources , Searching for other sources of financial resources needed to support the state's general budget can enter this budget. Disclosing the areas of financial and administrative corruption in wasting local resources, in a manner that leads to limiting the phenomenon. Maintaining local resources in the same governorate in order to develop and modernize the industrial infrastructure as well as to support services. Addressing all forms of financial and administrative corruption and working to support investment bodies in the local government. Adopting the indicators of effectiveness and efficiency in the exploitation of local resources and putting the right man in the right place in order to achieve the optimal utilization of local resources in a way that ultimately supports the state budget.
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The researcher reached the following conclusions.
1. Iraq in general and at the level of the central government there are a lot of economic resources that can be used to serve the state budget.
2. Local governments possess a lot of local resources that can be optimally utilized in a way that leads to support the local budgets and thus the central budget of the state.
3. The state budget can be supported through three basic resources, which is known as the three liquidity theory, namely: oil resources, water resources and resources represented by the juice of dates (molasses).
4. The unipolar rentier shift, which relies on oil up to 96%, depends on the type of diversification that requires the adoption of strategic scenarios to achieve optimal utilization of local resources in Iraqi provinces.
5. The correct management of local resources away from administrative and financial corruption is enough to get rid of the problems that the Iraqi budget suffers from.
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