Work

Analysis of government spending trends in Iraq for the period 2003-2022

Year: 2025
Type: article
Abstract: The interest in the subject of public services is one of the basic pillars that the government must raise the level of interest in it to the highest possible levels within the limits of government spending directed towards service sectors. On this basis, the researcher believes that the subject of directing public spending towards service sectors is a top priority and an inevitable result, because the Iraqi economy has suffered for long periods of time extending for more than three decades from structural problems in all economic activities. This is due to Iraq's entry into the arena of wars and international sanctions that burdened the service sector, due to the government's orientation towards sectors supporting the war effort, and thus it neglected the rest of the activities, which led to the decline of these important sectors. After the political change in Iraq, which resulted in Iraq's entry into the market economy and openness to the outside world, the shock was great for economic activities of a service nature due to the great development in these activities on the global level and their backwardness at home. On this basis, the researcher concluded that the Iraqi economy needs to direct government spending by preparing a sovereign fund that supports the construction of infrastructure for the Iraqi economy in a manner that is consistent with the size of global development.
Language: English
Open Access status: bronze
OpenAlex ID: W4409239840
FWCI: 0.973
Cites: 1
Cited by: 1
Related to: 10