Impact of credit granted to economic sectors on some macroeconomic variables in Iraq

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"In this research, cash credit's influence on private investment and economic growth in Iraq from 2009-2023 is examined using the ARDL model. The present research examines cash loan allocation to economic sectors. The study found a long-term association between main economic sector credit, economic growth, and private investment in Iraq. Furthermore, the commerce and restaurant sector was the only sector that experienced a short-term impact on economic growth, whereas the construction sector exhibited a statistically significant impact and a positive correlation with economic growth. Long term, credit has no statistically significant effect on the evolution of the key economic segments. Regarding the influence of credit on private investment, throughout both the short as well as long periods the manufacturing and construction industries were the most statistically significant economic sectors." -- first page

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