The Impact of the Changes in the Public Debt on the Economic Growth in Iraq from 2005 to 2020

Abstract

This study aimed to analyze the relationship between economic growth and public debt represented by (internal debt and external debt) in Iraq for the period 2005-2020 using the analytical and quantitative approach to measure the impact of the volume of public debt on economic growth. The study concluded that the public debt in Iraq is characterized by a continuous rise due to the increase in operational government spending and thus causes a deficit in the public budget and thus to the accumulation of public debt, and this negatively affects economic growth. And increasing opportunities for the private sector to invest.