Contractual budget a tool for development under scarcity of economic resources

Abstract

The general budget of the Iraqi state a great importance in the lives of most Iraqis, Without them no salaries for employees , retirees , the security services , municipal services and healthy, despite this importance, but it is preparing a manner that caused the waste of public money, in addition to the phenomenon of financial and administrative corruption.In order to get rid of the waste of public money, at the operational and investment portions of the budget, budget it is necessary to prepare according to mechanisms contractual budget by concluding a service contracts , partnership with the private sector ( P3S ) and contracts ( B.O.T ) with foreign companies, as well as the contractual budget, contribute to reducing the state budget deficit.