The impact of fiscal policy on the financial account in Iraq for the period (2004-2022)
Firas Khamis Abd and Nizar Theyab Assaf
This study seeks to examine the influence of financial policy on the financial account within the Iraqi economy from 2004 to 2022, Through quantitative analysis of financial policy indicators and their effects on the financial account within the Iraqi economy, the findings from the standard aspect indicated that financial policy influences the financial account in Iraq both in the short and long term. The standard results confirmed a long-term equilibrium relationship between financial policy and the financial account, with a value of -0.2527 and a significance level of less than 1% during the research period. Revenues proved to be the most influential variable of fiscal policy, encompassing public spending, public revenues, and public debt, with a probability value of 0.00 and a significance level below 1%, as demonstrated by the standard results throughout the study period.
Firas Khamis Abd, Nizar Theyab Assaf. The impact of fiscal policy on the financial account in Iraq for the period (2004-2022). Int J Finance Manage Econ 2024;7(2):545-550. DOI: 10.33545/26179210.2024.v7.i2.414