Measuring and Analyzing the Impact of Fiscal Policy Tools on the Money Supply to Iraq for the Period (2003-2021)

The fiscal policy has significant effects on various economic activities, and it has intertwined relations with the rest of the economic policies, and its tools have a major role in achieving stability in various fields, including the monetary field. Among the conclusions, included the existence of a direct relationship between public expenditures and public revenues with the money supply, while the relationship was inverse between the public debt and the interest rate (as an auxiliary variable) with the money supply, and the rate determination coefficient test reflected the existence of a strong relationship between the independent variables and the dependent variable included in the model benchmark. Several proposals were reached, including Fiscal policy and its tools that can complement the work of monetary policy tools and optimally achieve their goals.