Coordination between the financial and monetary policies and their role in economic activity Iraq and Egypt Case study for the period (2006-2016)

Research presented to the Board of the Faculty of Management and Economics at the University of Karbala Which is part of the requirements for obtaining a higher diploma in banks

Submitted by
Ebtehal Ahmed Abd Aoun Al – Shammari
Supervised by
Dr. Kamal Kadhim Jawad Al-Shammari

Abstract

Decoupling monetary policy with fiscal policy and its role in Iraqi economic activity The study focused on the concept of financial policy, its main objectives and its role in the level of economic activity, and then the nature of the relationship between monetary and monetary policy, interdependence, coordination mechanism between them, and what is the meaning of the policy. Pros and cons resulting from this interdependence. The practical aspect of the study includes the analysis of fiscal and monetary policy in Egypt and Iraq for the period (2006-2016) The study also included the measurement and impact of internal public debt in Egypt and Iraq in foreign reserves or cash. Finally, the study reached many conclusions and recommendations. The most important of these conclusions is that there is an overlap between the tools of fiscal and monetary policy, And foreign reserves either of the most prominent recommendations recommended by the research is the need for coordination between fiscal and monetary policy in a way that does not limit the efficiency of monetary policy as well as the budget to ensure that the direction of expenditure to areas that ensure the distribution and diversification of revenues through increased Wagih and not to create a deficit as well as a set of mechanisms and regulations that ensure the financial market and the banking system to develop a way that helps to absorb government bonds