Analysis of the Relationship Between Fiscal Policy and Economic Security in Iraq

Abstract

This research analyzes some indicators of fiscal policy, specifically focusing on public expenditure, government revenue, and the general budget balance. It also examines certain indicators of economic security, including the average GDP per capita, agricultural GDP, and non-oil GDP, in an attempt to measure the extent of influence and the role that these policies could play in achieving economic security during the years 2004 to 2021, particularly after the establishment of the political system in Iraq.Through study, analysis, and the use of quantitative methods in processing, the research reveals a disparity between the trajectories and orientations of fiscal policy and the achievement of economic security in Iraq. Fiscal policy has often been centered on the reliance on a single quarterly resource, namely oil revenues, resulting in the economy's persistent dependency and vulnerability to fluctuations in the global economy. This situation has had negative or positive implications for the living standards of Iraqi citizens