Document Type : Research Paper
Abstract
The research aims to explain the effects of government spending as a source of economic growth by analyzing the development of public spending, both investment and operational, its components, and its relationship to GDP in Iraq for the period (2004-2022). The results of the research showed that the volume of public spending increased significantly during the research period as a result of the increase in oil revenue returns after raising Economic sanctions on Iraq, as public expenditures increased from 2004 to 2022, but this increase in public expenditure was often apparent and not real.
The most important finding of the research is the necessity of adopting a financial policy that would reduce the gap between operating spending and investment spending in favor of investment spending in a direction that leads to increased economic growth in Iraq.