Amanj Mohamed Ahmed

THE IMPACT OF MONETARY POLICY ON INFLATION AND FINANCIAL STABILITY IN POST-CONFLICT IRAQ

Szerző:

The Iraqi economy, both monetary and real, entered a new phase after 2003, characterized by significant changes. Following Law 56 of 2004, the Central Bank of Iraq gained independence, granting it the authority to formulate monetary policy and choose appropriate implementation tools. This independence also allows the bank to develop new tools aligned with Iraq’s specific monetary policy objectives. The purpose of this paper is to examine the role of monetary policy instruments on inflation and financial stability in post-conflict Iraq. A time series of data was collected from both the World Bank’s open data system and the Central Bank of Iraq (CBI) for the period from 2003 to 2021. The results displayed that monetary policy tools, including money supply, exchange rate, and GDP growth greatly influenced financial stability and inflation control in Iraq. In addition, the study also revealed that maintaining a constant money supply growth rate might contribute to financial stability in Iraq. Finally, the study concluded that monetary tools alone might not tame Iraqi inflation and financial stability. Success hinges on government commitment to sound fiscal policies, boosting production, and restoring consumer trust, working alongside the central bank.
XII. évfolyam 2024. Special Issues 1. 8-12
DOI: 10.24387/CI.2024.1.2

ANALYZING THE IMPACT OF FINANCIAL RATIOS ON FIRM FINANCIAL PERFORMANCE “APPLIED STUDY ON AGRICULTURE SECTOR”

Szerző:

The sector of agriculture plays a significant role in boosting economic growth in many countries. Therefore, all firms’ annual reports must be analyzed for the purpose of comparing and establishing a benchmark. The objective of this study is to investigate the effect of application of financial ratios on firms’ financial performance. In order to achieve the purpose of the study, an econometric model is developed to estimate relationship among the variables by using multiple linear regression method. The data in this study is based on secondary data and collected from the audited financial statement of agriculture companies that listed on Iraqi Stock Exchange (ISX) over the period (2016-2020). The robust findings demonstrated that all independent variables quick ratio, current ratio and debt to assets ratio have positive and significant impact on financial performance. The most significance effect on firm performance is observed by current ratio and debt to assets ratio among the ratios that selected in this study.
XI. évf. 2023. SPECIAL ISSUE1 26-31
DOI: 10.24387/CI.2023.SPECIAL ISSUE.4

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