فاعلية الجهاز المصرفي العراقي في معالجة أثار سياسة التقشف المالي
Other Title(s)
The effectiveness of the Iraqi banking system in dealing with the effects of fiscal austerity policy
Joint Authors
الخفاجي، سمير سهام داود
عويد، منعم حسين علي
Source
مجلة العلوم الاقتصادية و الإدارية
Issue
Vol. 25, Issue 111 (30 Apr. 2019), pp.323-342, 20 p.
Publisher
University of Baghdad College of Administration and Economics
Publication Date
2019-04-30
Country of Publication
Iraq
No. of Pages
20
Main Subjects
Financial and Accounting Sciences
Topics
Abstract EN
Abstract: Under the state scenario, fiscal policy will not be able to use the oil surpluses optimally and economically and society, as long as these surpluses are not directed by public expenditure towards new productive investments and by following the path of fiscal policy after one year 2003 and until 2013 we note that it is based on the method of spending (excessive) consumption, and did not take any action towards the budget deficit planned at the beginning of the fiscal year, and the actual surplus at the end of the fiscal year, which represents the highest expenditure in the budget, Salaries and wages of workers in various government agencies with the expansion of spending on the security side.
However, during the period (2014-2016) the general budget suffered a severe deficit due to the decline in the prices of petroleum products, which led to a decline in oil revenues, which constitute the largest proportion of total public revenues, which led to the depletion of resources, which in turn led to a decline in public revenues, The unintended deficit in the general budget, which in turn imposed on the economic policies to look at different mechanisms to finance that deficit, and fiscal policy is one of the economic policies through which to find mechanisms to finance the fiscal deficit in Iraq.
As for the monetary policy measures, after the Central Bank obtained its independence, the central government's foreign currency resources separated from the foreign reserves of the Central Bank of Iraq.
Accordingly, the Central Bank is no longer the source of the new monetary issue through which the central government funds the budget deficit as in the previous era, The central bank's relationship with the government has defined articles (24 and 25) as a framework for consultation, coordination, exchange of information and attendance at government meetings related to its activities, hence the role of monetary policy in financing the budget deficit through different mechanisms.
American Psychological Association (APA)
الخفاجي، سمير سهام داود وعويد، منعم حسين علي. 2019. فاعلية الجهاز المصرفي العراقي في معالجة أثار سياسة التقشف المالي. مجلة العلوم الاقتصادية و الإدارية،مج. 25، ع. 111، ص ص. 323-342.
https://search.emarefa.net/detail/BIM-888573
Modern Language Association (MLA)
الخفاجي، سمير سهام داود وعويد، منعم حسين علي. فاعلية الجهاز المصرفي العراقي في معالجة أثار سياسة التقشف المالي. مجلة العلوم الاقتصادية و الإدارية مج. 25، ع. 111 (2019)، ص ص. 323-342.
https://search.emarefa.net/detail/BIM-888573
American Medical Association (AMA)
الخفاجي، سمير سهام داود وعويد، منعم حسين علي. فاعلية الجهاز المصرفي العراقي في معالجة أثار سياسة التقشف المالي. مجلة العلوم الاقتصادية و الإدارية. 2019. مج. 25، ع. 111، ص ص. 323-342.
https://search.emarefa.net/detail/BIM-888573
Data Type
Journal Articles
Language
Arabic
Notes
يتضمن مراجع ببليوجرافية : ص. 340-341
Record ID
BIM-888573