Analysis of the Structure of GDP and the General Budget in Iraq for the Duration (1990-2018)
Kut University College Journal for Humanitarian Science,
2022, Volume 3, Issue 1, Pages 109-121
Abstract
Iraq suffered from problems and structural imbalances before 2003 due to the wars it has fought since 1980, which directly affected some economic indicators, including GDP and the general budget, based on the assumption that there is a relationship between GDP and the general budget. The importance of the research also comes from the fact that the subject of the study is concerned with the study of the most important economic indicators, which have a major role in the Iraqi economy, namely gdp and the general budget, which affect the overall economic activity in the country. The research is primarily aimed at verifying the validity of the hypothesis. The limits of the research were extended for a period (1990-2018) the research reached a number of conclusions and recommendations, including:1.There is a direct relationship between GDP and the general budget in Iraq, as the budget depends on the income of the sectors that make up the national economy.2.There is a clear imbalance in the structure of GDP due to the direct damage to the oil sector.3.There is a clear imbalance in the structure of the general budget due to dependence on oil revenues without other revenues for the economic sectors.
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