Abstract
This study aims to show the impact and degree of correlation of government expenditure and public revenues in Iraq's Stock Market Year Index for the period 2004-2022 and the extent of their correlation by examining the reality of expenditures and revenues By relying on data on study variables and the reality of the Iraqi stock market through the analysis of the subordinate variable (general stock price index) and using standard methods to determine the impact of public spending (General income) on this indicator during the study period (2004-2022). The study shows that the independent variables of government expenditure and public revenues have an impact on the general index of Iraq's stock market This impact varies according to the level of economic and social development. Their effects differ depending on the type of policy pursued if an expansionist policy stimulates the economy, which has a positive impact on the market index. The research problem was to indicate the impact of government expenditure and public revenues in the Iraq Stock Market Index, which may affect all economic aspects. Through this study, we conclude that public spending has a fluctuating effect. Contrary to the impact of the public revenue index, the general index of the Iraqi securities market has the greatest impact on the general index of the Iraqi securities market. Revenue and lack of reliance on oil revenues by using other mechanisms and means of financing with the need to rationalize public expenditure as well as focusing on sources that are stable and relatively stable. This expansion of revenues may contribute to bringing to Iraq's stock market more investments.
