Measuring the impact of financial policy indicators on poverty rates
in Iraq using the ARDL methodology
Professor Dr. Kareem Salem Hussein1
Researcher Maather Timol Shebl2
1- professor of Economics in the Department Of Economics \ University of Al-Qadisiyah
2- Master’s student Department Of Economics \ University of Al-Qadisiyah
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Corresponding Author: Maather Timol Shebl
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Abstract :The aim of the research is to demonstrate the impact of financial policies on reducing poverty rates in Iraq
and after conducting statistical tests.The results of the assessment showed that the increase in public spending and
what was allocated to the regional development program and the ration card support program were not sufficient to
generate significant effects towards reducing poverty rates, due to the weakness of the macroeconomic implications
in overcoming the imbalances that could push the economy towards achieving a high or accelerating rate. In
economic growth, especially in light of the spread of the phenomenon of financial and administrative corruption, the
imbalance of the budget structure and the reluctance of the implemented projects, which generated more
counterproductive factors towards an increase in poverty rates. The standard model showed the absence of a longterm equilibrium relationship between the indicators of fiscal policy and poverty rates in Iraq. This infers from him
that economic policies did not generate those accelerating effects on the real GDP growth rate in a manner that
generates moral effects towards alleviating poverty rates.
Keywords: financial policy indicators, poverty rates, the ARDL methodology
