The Impact of Financial Transparency on the Efficiency of State Budget Allocations in the Iraqi Environment

Given the importance of the state's general budget and its influential role in the Iraqi economy, this study aimed to enhance transparency, identify the level of transparency, and the efficiency of the state's general budget allocations. To achieve the goal, the study relied on the descriptive analysis approach, where data were collected through a form that included a package of questions related to transparency and the effectiveness of the general budget allocations. To clarify the relationship between the research variables, the researcher prepared a questionnaire form according to the five-point Likert scale. When preparing it, its compatibility with the characteristics of the study community was taken into account, and that the target community for this questionnaire was auditors and auditors in the Federal Board of Financial Supervision. 170 questionnaires were distributed, of which 166 were analyzable. The researcher used a set of statistical methods represented by the arithmetic mean, standard deviation, Pearson linear correlation, and multiple regression. These statistical tools were applied to the collected data to analyze the relationship between transparency and the effectiveness of the state's general budget allocations. In this context, the study found a strong positive correlation between transparency and the effectiveness of the state's general budget allocations. The study recommends the necessity of conducting periodic independent reviews of the general budget by neutral parties to ensure compliance with transparency standards.