About ACEFS
The Akkad Center for Economic and Financial Studies is a non-governmental organization registered in the NGO Department of the General Secretariat of the Iraqi Cabinet with a registration certificate numbered 1D2108026.
Establishment
It is well-known that economic activity has a significant impact on the well-being and advancement of people worldwide. As a result, many governments throughout the world have encouraged economic and financial research institutions to give actual answers to problems coming from finance or other concerns relating to the structure of the state’s accounting and financial system. They have done so. Because of the Corona crisis and the reduction in oil prices, Iraq and most other nations in the region are in dire financial and economic straits, leading to the conception of this institution. As a result, deficits and crises increased, as did the possibility of financial systems failing to meet their financial responsibilities to governments. In addition, the chronic problems of Iraq’s economic and financial system have hurt public finance management and poor control over public spending. Moreover, the development of human resources in the administrative and financial fields is also one of the main obstacles to economic growth in Iraq. But, on the other hand, the economic and financial problems referred to above have cast a shadow over the performance of Iraq’s indicators, which is the leading reservation in the economic development of any country.
Vision
To spread economic and financial knowledge in society and provide credible and convincing economic programs for the younger generation and achieve sustainable economic development.
Mission
The Akkad Center for Economic and Financial Study’s mission is to inspire, educate, and connect future leaders to the economic, financial, and legal principles of a productive society capable of creativity and innovation in various fields.
Center goals
- Spreading economic and financial awareness in the community.
- Studying economic and financial problems and proposing appropriate solutions.
- Supporting economic knowledge at the strategic level and enhancing economic knowledge for non-specialists.
- Publishing studies that address problems related to the management of public money.
- Promote a culture of transparency, accountability and control over public money.
- Spreading economic and financial knowledge in the Iraqi business environment at various levels.
- Strengthening the financial and economic capabilities of those interested in public affairs.
- Enhancing the understanding of the ways of preparing the state’s general budget and controlling it.
- Contribute to supporting the private sector with expertise and competencies in the economic and financial fields.
- Contribute to providing solutions to economic and financial problems in cooperation with the relevant authorities.
- Strengthening the bonds of cooperation between researchers and specialists inside and outside Iraq through the exchange of experiences and visits related to the field of economic and financial affairs and in drawing up future economic policies.
Means of achieving goals
To achieve its goals, the center uses the following means:
- Specialized workshops in the economic and financial fields.
- Public symposia and seminars dealing with economic, financial and economic affairs.
- Issuing publications dealing with economic and financial affairs.
- Encouraging and publishing economic and market studies that provide solutions to economic and financial problems.
- Holding conferences related to economic and financial problems inside and outside Iraq.
- Translating books, research and scientific studies related to economic and financial policies and publishing them for general use.
- Cooperation with local, Arab and international professional and research institutions interested in economic and financial affairs in order to benefit from the experiences and techniques applied in developed countries, enhance investment opportunities, and enhance the effectiveness of the local private sector internationally.
- Strengthening and consolidating the principles of corporate governance by adopting and sponsoring a national project to spread the culture of governance, transparency and accountability, and evaluating the existing economic legislation and proposing what is commensurate with the requirements of governance of government institutions.
- Presenting alternative proposals to the government, the private sector, and research centers, and publishing research as a tool to educate the public and facilitate access to public information.
Advantages of joining the center
Center members enjoy the following advantages:
- A member of the center is a member of the public council and has the right to vote in it with regard to drawing up public policies and setting plans.
- Participation in the center’s free activities.
- Take advantage of the free services provided by the center.
- Discounts for the activities and services provided by the center.
- Free publication in all publications issued by the Center.
