متطلبات تحقيق الاستدامة المالية في العراق

Abstract

This paper discusses the requirements for achieving financial sustainability in Iraq, that the Iraqi economy is suffering a lot of different economic imbalances, on top of the expansionary fiscal policy, which might lead to further expansion of the government debt size, and then this will be reflected negatively on the overall macroeconomic variables and thus weaken the work of politics cash.Therefore, it is essential that the government is working on coordination and harmony between fiscal and monetary policies, and so as to achieve sustainable growth is not based on an excessive expansion in public spending, or a continuous increase in the ratio of public debt to GDP.But in order to achieve strengthen the financial sustainability in Iraq requirements, so it is necessary to resort to domestic public debt, through the construction of a strategy to establish a market for government bonds, and this increases the government's ability to finance its debt through the financial markets, and especially if they enjoy easily accessible and reliable as a market efficient and sophisticated, and therefore can be debt market is a way to reform the financial sector by enhancing the structure, and this would be sources provides additional funding for the government, and thus works as a source of economic stability through support growth through the cooperation of public and private sectors and directed towards improving the financial sustainability.