THE IMPACT OF OIL REVENUES ON THE DEPOSIT POLICY IN THE IRAQI BANKING SECTOR FOR THE PERIOD (2004-2021)
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Abstract
The research aims to know the impact of oil revenues on deposit policy for the period (2004-2021), as the research problem focused on the Iraqi economy in that it is a rentier economy that relies excessively on oil revenues, as oil revenues constitute the largest portion of public revenues, and also the dependence of all economic sectors on These revenues are characterized by fluctuations, and therefore any imbalance affecting these revenues will affect all economic sectors, including the banking sector. The research assumed that the fluctuations that occur in these revenues will directly or indirectly affect the banking sector, and that these fluctuations negatively or positively affect bank deposits in the Iraqi banking sector, as the research adopted the deductive approach for the theoretical side and the standard analytical approach for the practical side, as well as the use of Program (13Views). The research reached a set of conclusions, the most important of which was that the oil sector in the Iraqi economy is the main source of government revenues, and thus affects all economic sectors, including the banking sector, which is considered an artery that feeds various economic joints by attracting and pumping money. Consequently, the fluctuations that occurred in public revenues were reflected negatively or positively on deposits in the Iraqi banking sector, and the research recommended the necessity of working to reform the banking sector in a stable economic environment, and the need for the banking reform process to take place in conjunction with the economic reform process in the country. Complete the economic reform process in Iraq properly unless it is liberated from excessive dependence on oil.
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