Hamuwd, Khitam Hatim (2025) The Impact of Government Spending on Economic Development. American Journal of Economics and Business Management, 8 (7). pp. 3047-3063. ISSN 2576-5973

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Abstract

Public spending is an important tool within the framework of economic policy to achieve economic development goals. It is therefore considered the government's reliant tool for intervening in economic life. Public spending is one of the state's tools through which it seeks to increase the gross domestic product, achieve economic and social goals, and achieve economic stability by balancing supply and demand. It is well known that the Iraqi economy suffers from major problems, challenges and imbalances for several reasons, both internal and external. The Iraqi economy suffers from rentierism and a lack of clarity in the development plans of the economic sectors, which has resulted in the squandering, loss and failure to achieve wealth. It has become clear that the economic obstacles facing countries are a result of poor financial planning, backward financial policy, especially spending, and its inability to solve the problems it faces. Therefore, attention must be paid to economic development because it is capable of moving the country from a backward economic reality to a state of prosperity and progress. In order to encompass the content of the research, some theoretical concepts of government spending and economic development were addressed, as well as the effects of both government spending on some indicators of sustainable economic development. Many conclusions were reached that were based on practical reality, and the most important reasons for the failure of government spending to meet challenges and achieve its development goals. In light of this, a number of recommendations were made that lead to raising the level of government spending in order to achieve sustainable economic development. The level of government spending to achieve sustainable economic development.

Item Type:	Article
Subjects:	A General Works > AI Indexes (General)
Depositing User:	admin eprints
Date Deposited:	08 May 2026 10:47
Last Modified:	08 May 2026 10:47
URI:	http://eprints.umsida.ac.id/id/eprint/16471

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