Financial Legal Legislation and the Role of Good Governance in Enhancing Economic Security and Combating Financial and Administrative Corruption in Iraq

Abstract

Financial legal legislation constitutes a fundamental pillar of a state’s economic structure, given its essential role in regulating resources, controlling public expenditure, and ensuring justice and transparency. In light of the economic and administrative challenges currently facing Iraq, the importance of good governance emerges as an effective means to strengthen accountability, efficiency, and the rule of law.

Good governance helps reduce financial and administrative corruption and supports economic stability through clear legislation and strong institutional frameworks. Such objectives, however, cannot be achieved without a comprehensive financial legislative system capable of keeping pace with ongoing transformations, closing corruption channels, and reinforcing public trust.

This study aims to examine the relationship between financial legislation and the principles of good governance, and their impact on combating corruption and promoting economic security in Iraq, by analyzing existing legal and administrative realities and presenting reform recommendations.