Privatization is an economic policy aimed at improving and developing the economy and giving the private sector a major role in developing performance and productivity through restructuring the economy and structuring and legalizing tasks between the government and the private sector. As a result of the fluctuations in crude oil prices, the continued dependence of the budget on the proceeds of oil exports is a continuation of the structural imbalance in the Iraqi economy and its urgent need to diversify sources of income, and therefore the state must reduce the burden on budget items and search for methods and mechanisms to help in this, and research seeks to provide the study The role of privatization in financing the state’s general budget as a policy that would reduce the burdens on the public budget, especially after the decline in oil prices to record levels. The general level of the economy, and the provision of job opportunities through the private sector for the unemployed.