Effect of interest rate in the Iraqi general budget for the period 1990-2015

Abstract

The trend of research towards identifying most of the variables surrounding the relationship between monetary policy and fiscal policy, as well as the element that mediated this relationship (interest rate), the views of economic schools on this subject differed between these schools, adding that the Iraqi economy is one of the economies In addition to structural distortions, the results show that the interest rate (a quantitative instrument of monetary policy) has an impact on the state budget. When the interest rate increases or decreases, the rate of economic growth, public taxes, and public debt is affected. In the general budget.