Artificial Intelligence and Public Budgeting

Abstract

Abstract: In light of the current development witnessed in the field of artificial intelligence today, which casts its shadow over various aspects and fields of life in a manner that almost renders it an urgent need for certain financial tasks, such as at the very least, general budgeting, we wonder about the potential effects it could have on the general budget if used in its preparation and organization. The latter consists of two parts: public expenditures and public revenues. AI can be used to facilitate the process of collecting some of the public revenues, such as taxes, combating cases of tax evasion and avoidance, and facilitating tax transactions. Moreover, AI can be used to avoid accounting errors that may occur in the processes of estimating and even implementing the general budget. This is achieved through its software, which has a high capability to prepare tasks, as well as to generate revenue for the state. However, the massive financial allocations and specialized personnel required for the use of "artificial intelligence techniques" can be initially stumbling blocks to the use of these technologies. Therefore, it is imperative for the Iraqi state to pay attention to the importance of these programs by allocating funds to support and encourage this sector, for the public good, facilitating the state's affairs and life, especially considering its constitutional and legal implications in Iraqi legislation.