Authors: GHADEER NAJM ABDULLAH, SONIA GHORBEL ZOUARI, SAJJD KHALAF HUSSIN

Abstract

Exchange rate and public expenditures policies are critical to supporting successful partial reforms in terms of monetary and financial policy during the year 2004-2020. Even in the absence of continuing structural changes and control over unproductive spending, these reforms are effective and influential in the structure of the economy. In relation to stagflation of Iraq’s economy that does not meet the most basic development needs, it is considered a harmful policy. Iraq's economy is suffering from several structural problems, the most obvious of which are an imbalance in the country's overall budget, inflation, stagflation and an increase in the country's public debt index. Vulnerable Iraqis' purchasing power is being eroded by rising prices for key basic goods. Over the previous two years of pandemic, wage rates have not been updated. The rising costs of imported goods will negate any gains from an increase in the price of oil. The slow pace of economic expansion, raising the possibility of stagflation. These problems are a direct result of structural flaws in the country's economic structure. Even if currency exchange rates don't have a direct role in activating economic failures, they do play a part in activating such failures by imposing negative impacts on the actuality of those indicators. It has been concluded that adopting a policy of reducing the Iraqi dinar has had little effect because of a lack of complete adaptation in Iraq's economy. In this study, the influence of Iraq's government expenditure structure on unemployment and inflation will be explored by balance consumption and investment. Iraq's economy has been disrupted in the allocation of investment and consumption expenditures during 2004-2020 era, with consumer expenditures accounting for a bigger share than investment expenditures, according to the results of this research, which are based on a variety of data. Finally, the goal of this study is to offer some suggestions.

Keywords: Indicators of Stability, Gross Domestic Product (GDP), Payments Balance, Public Debt, and the Effect of the Exchange Rate on the Exchange Rate.This article mentions your favorite hats at super low prices. Choose from same-day delivery, drive-up delivery or order pickup.

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