THE ROL ECONOMY OF THE PUBLIC BUDGET IN IRAQ THE PERIOD (1988-2007)

Abstract

The public budget is considered of the most important tools of the fiscal policy that aims at the realization of the required growth rate, increasing the national income and then increasing investments and employment, in addition to reducing unemployment under stable financial balancing and thus supporting sustained growth . It has also great economic significance for developed and developing countries alike.The importance of the study is that Iraqi public budget, as one of the tools of the fiscal policy, plays an essential role in tackling the problems facing Iraq on one hand, and the limited number of studies undertaken in designating and studying the role of government in the economy on the other hand.The problem lies whether or not the public budget has achieved its economic and social objectives and the reasons thereof ; and the criteria for evaluating and studying the public budget. The study aims at analyzing the components of the budget and evaluating its economic and social role by using a number of indicators and arrive at conclusions and suggestions that the researcher feels , would help improving the performance of public budget and correcting the economic and social path . The study assumes that public budget is a reflection of distorted economic structure, lacking economic and financial policies, ambiguity of development objectives; thus leading to its inefficiency and fail to achieve its objectives. Finally, the study reaches at a number of conclusions and suggestions