The Role of Credit Granted to The Private Sector in Addressing the Problem of Poverty in Iraq for the Period (2004-2020) Government Banks As A Model

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The Role of Credit Granted to The Private Sector in Addressing the Problem of Poverty in Iraq for the Period (2004-2020) Government Banks As A Model

Amjad Hameed Atyia & Ghassan Tareq Dhahir

ABSTRACT

This research aims to investigate how credit policies of Iraqi commercial banks affect poverty levels by looking at government banks’ credit granted to the private sector. The study utilized the Distributed Self Deceleration Model (ARDL) to examine the impact of private credit on poverty reduction in Iraq during the study period. The results show a long-term equilibrium between private credit provided by government banks and poverty levels in Iraq. Additionally, the authors have recommended addressing bureaucratic barriers and streamlining the process for granting small and medium loans to support productive projects. Finally, this research has recommended reducing the number of cash loans government banks give for consumer purchases.

Keywords: Bank credit, Poverty in Iraq, Private credit, Government banks, Autoregressive- Distributed Lag Model (ARDL).

Volume 13, Issue 1, Pages 276-291

DOI: 10.52113/6/2023-13-1/276-291

Categories: Uncategorized