The effects of implementing the financial discipline policy on social protection expenditures in Iraq during the period (2003-2022)
DOI:
https://doi.org/10.36325/ghjec.v21i00.20584Keywords:
financial discipline, financial rules, social protection expendituresAbstract
This research aims to determine the impact of implementing a fiscal discipline policy on social protection expenditures in Iraq during the period (2003-2022(
To achieve this aims , the descriptive analytical approach was used to present and analyze data related to the study variables and draw conclusions from them, relying on available official and international sources and reports on the subject. Econometric tools were also used, using the Vector Error Correction Model (VECM), the Eviews10 program, and quarterly data to measure the effects of implementing a fiscal discipline policy on social protection expenditures in Iraq.
One of the most important findings reached by the researchers is that the public expenditure and public debt rules had a significant positive impact on social protection expenditures , while the budget deficit and golden rules had a significant negative impact on social protection expenditures . This indicates a decline and weakness in investment expenditures directed towards social protection
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