Iraq's federal budget deficit: causes and remedies for the period (2004-2019)

Abstract

The issue of budget deficit is one of the most important financial issues that economists attach great importance to، especially after the spread of the problem of the budget deficit in many countries in general and developing countries in particular. This is due to the increase of the state intervention in the economic life. And the decline in the volume of public revenues to keep pace with public spending on the other hand, and this is what happened in Iraq، which turned the deficit of the federal budget deficit planning often turns into a surplus to actual deficit during the period from 2013 to 2019 so the state must pursue an economic policy aimed at To diversify sources Will the general budget، and reduce dependence on oil revenues and activation of other revenues, especially tax revenues on the one hand and the rationalization of public spending policy on the other.