Economic analysis of the effect of financial sustainability indicators on economic growth in Iraq for the period (2004–2022)

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Аннотация

The research aims to economically analyze the impact of financial sustainability indicators on growth in Iraq and give a future vision for financial sustainability indicators to reveal the factors that control the mutual influences between them. The research seeks to verify the hypothesis that there is an inverse correlation between the direction of financial policy tools and financial sustainability indicators. The research reached many conclusions, the most important of which is the existence of an inverse relationship between tax revenue growth rates and the total public debt to gross product index, and economic stability represents the necessary condition for growth. The research concluded with many recommendations.The research has found, through the indicator of the ratio of public debt to GDP, which is one of the most common indicators used by countries and institutions concerned in evaluating the level of debt, that the ratio of public debt to GDP in Iraq, as well as choosing the appropriate general budget style and not adopting budget items in circumstances Current Iraq is based on the fact that the general budget is a financial plan drawn up to achieve economic goals with the greatest possible satisfaction of society.

Об авторах

Thamer Alwan Falah

Kut Technical institute, Middle Technical University

Email: s_samer@mail.ru
University Professor

Список литературы

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