Financial Policy And Its Role In Achieving Economic Development In Iraq For The Period (2010-2017)

Abstract

Economic development is the real indicator of the progress for countries and their development, and there is no way to achieve that development except through the achievement of success fiscal and monetary policy, and the importance of this research comes from the focus on the economic development in Iraq in the performance and development of the form and structure of the state's fiscal policy during the period Which is dealt with in the research, through official tables and surveys prepared by the World Bank and the Ministry of Planning of Iraq. The problem of research is that the fiscal policy is one of the most important tools owned by the State to manage its national economy whether it is a developing country or a developed country The purpose of the research is to know the performance of the fiscal policy in Iraq after 2010, and to study the indicators of economic development as well as how the performance of the fiscal policy effect on the economic development in Iraq. The research was based on analytical descriptive approach in the handling, presentation and analysis of data, and one conclusions is to prove the validity of the hypotheses of the study, the performance of fiscal policy effect the achievement of economic development, when pursuing success financial policies Iraq achieved good rates in the field of economic development, when inappropriate fiscal policies were followed, there was a decline in economic development rates. Therefore, the study recommends the need to pay attention to the adoption of fiscal and monetary policies to reduce inflation rates in Iraq and the need to pay attention to infrastructure and the need to reduce reliance on the rent economy as well as finding quick solutions to the political crises so as not to affect the Iraqi economy.