Журнал Академии бухгалтерского учета и финансовых исследований

1528-2635

Абстрактный

Sovereign Funds and Their Role in Fiscal Policy / Iraq Case Study

Salim Swadi Hammood AL-Mohammedawi, Faisal Zaidan Sahar, Ali .H.N. Bnilam

The Importance of research from the significance of sovereign funds and the role they play in financial policy, as there are successful experiences in many countries of the world through the use of sovereign funds as a stabilization tool and an investment tool that generates financial returns for the state; Aim of this research getting to know the knowledge building of sovereign funds and financial policy, through theoretical framing. As well as analyzing the impact of the existence of a sovereign fund on the current and alternative fiscal policy. The Problem lies in the extent to which sovereign funds can contribute to supporting the financial policy in Iraq? The Hypothesis Establishing a sovereign fund in Iraq that will have an impact on fiscal policy, by activating its role in restructuring the Iraqi economy and influencing its development and investment paths. The research reached the most important Result Sovereign funds have an important role in absorbing external and internal shocks, as it is an effective tool in the hands of the financial and monetary authorities, if they are established on solid foundations and solid rules.

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