Economic Analysis Of The Relationship Between Public Debt And Net Public Budget For The Period 2004-2020 (Iraq Case Study)

The subject of public debt and budget deficit is one of the topics that attracted the attention of researchers, so that the researcher adopted the descriptive and analytical approach to clarify the theoretical framework for both public debt and budget deficit, and the researcher also focused on analyzing the relationship between the total public debt and the public budget deficit in Iraq for the period 2004-2020, and the researcher concluded that the continuation of the deficit in the general budget leads to dependence on public debt in financing this deficit, which means. Increasing the financial burdens on the state, due to the increase in debt service burdens (installments and interest), as the researcher recommended relying on an economic strategy to manage the public debt in a way that avoids the Iraqi economy any financial and economic crises.