This research was structured to address and analyze four broad topics review development of related issues and answer some seventeen main questions and many others within.I- Legal and Institutional Framework Governing Extractive Industry Sector in IraqII- Revenue distribution:III- Revenue volatility:IV- Government spending:Moreover for each of the topics above mentioned the research work endeavors to:(a) Explain the current (up to 2015) state of affairs and(b) Answer the questions listed for each topic.Throughout the research the emphases was made on three important components: Instruments Policies and Institutions; the constitution various related laws legal frameworks and modalities (Instruments); adopted polices strategies actions and plans (Policies) and involved state federal regional or provincial entities ministries councils committees and bodies (Institutions).
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