Result Based Management Framework - METAC

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B. Macroeconomics Statistics
Past Activities
METAC has provided very limited TA in statistics to Iraq; TA was directly provided by
STA. STA missions were largely financed through the now-depleted Iraq-sub-account.
METAC provided two expert weeks of field TA on BOP statistics, and one and a half
weeks on price statistics.
The beneficiary institutions were the CBI and the Central Office for Statistics and
Information Technology (COSIT).
Work Plan
METAC has no TA program with Iraq in the statistics area.
C. Public Financial Management
Past Activities
A 2008 FAD TA mission prepared a comprehensive PFM action plan identifying the
reforms that should be implemented in the short term, medium-term (2009–2010), and
longer term (2011 and beyond). There have been a series of FAD PFM missions since
2005 (a joint Fund-Bank mission in March 2005 followed by FAD missions in April
2005, November 2006, and March 2008).
During October 2009, a mission assessed Iraq’s fiscal reporting and underlying
accounting frameworks, and identified the following:
There has been very limited progress in implementing the recommendations of the
2008 FAD mission, and only a few of its recommendations have been partially
implemented, such as issuing a combined budget circular for the operational and
investment budgets (which otherwise remain separate), implementing a system of
withholding the release of funds to spending units if their budget execution reports
have not been received for two months, and commencing the work on
documenting the government’s existing accounting framework.
The authorities have, however, constituted an accounting reform committee,
which is tasked with documenting the existing accounting framework, and has
drafted an accounting manual that includes, a detailed description of the COA
codes and of the economical classification in line with the Government Finance
Statistics Manual (GFSM 2001).