Analysis of the impact of some financial indicators on the reality of the Iraqi economy for the period 2004-2021

Abstract

The financial indicators  reflect the most important financial developments  of the country, which is the expenditures and public revenues of the Iraqi government and represent the procedures of the country's fiscal policy as well, in this research  was selected realistic indicators are easy to achieve in reality, which makes them applicable in orderto achieve specific goals within the framework  of the general plan for the economic and social development of the country and that these indicators are very important help in monitoring spending General government  and not to exceed the planned spending during the fiscal year  , which depends on oil revenues  in a very large way because Iraq is a rentier country depends  on more than 95% of its revenues on the revenues of the oil sector only due to the weak productivity of other economic sectors in Iraq, especially after the difficult conditions to which the country was exposed if these sectors constitute approximately 5% of the composition of public revenues of the Iraqi government, which is a very low percentage Against the revenues of the oil sector.

The fiscal policy  is a major and essential part of the economic policy of the country and is the main and important tool for the implementation  of the economic policy of the government in order to achieve the economic well-being of the country and satisfy the general needs of members of society as well as to achieve economic growth and catch up with developed countries and we will focus here on some financial indicators  and their impact on the reality of The Iraqi economy for the period(2004-2021) through the use of the standard aspect to analyze the impact of these financial indicators on the reality of the  Iraqi economy through the use of economic variables represented by the inflation rate, poverty rate and unemployment rate because they represent the most important economic and basic variables that help achieve growth and progress in the country.