Abstract:

The research aims to identify the methods of financial engineering in how to restructure revenues, and to show the reasons for the failure of revenues in general to cover the deficit in the general budget. In addition, it explains the limitations and determinants of developing non-oil sources of financing. It uses the inductive and the descriptive analytical approach using the engineering tools of both traditional and new finance to find solutions to financial problems at the level of government financial institutions represented by financing the budget and managing its financing risks. Covering the budget deficit, managing its risks and the most important recommendations provide the appropriate environment in the Ministry of Finance that helps to develop mechanisms and methods of modern financial engineering such as tools and ideas. This is an approach in its strategy prepared by the Economic Department to maximize non-oil revenues through the implementation of innovative financing strategies. It implements projects with financial returns on the state treasury.

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