Public spending represents the government’s financial leverage and has a significant impact on real and monetary economic variables, and one of these effects is the effect of public spending on the exchange rate as an important monetary variable for monetary policy, As we know that public spending in Iraq is financed from oil revenues sold in US dollars, and the Ministry of Finance converts the US dollar into Iraqi dinars to finance the government's need to spend within the requirements and obligations of the state's general budget, And converting the US dollar into Iraqi dinars has an impact on the parallel exchange market, even if there is a contractual exchange rate between the Ministry of Finance and the Central Bank of Iraq to convert the budget dollar into Iraqi dinars. However, the impact of public spending on reserves makes financial shocks have a significant impact on the exchange rate. The researcher believes that there is a reciprocal relationship between the effect of public spending on the exchange rate and the impact of the exchange rate on public spending because the conversion compass between the dollar and the dinar leaves great effects on public spending in the state’s general budget, and this is what the researcher achieved by using modern standard software to discover the nature of the relationship between public spending and the price of Exchange in the parallel market with realistic monthly data taken from the official website of the Central Bank of Iraq.
Abstract
The research aims to identify the nature of the relationship between the level of debt used and economic value added of companies listed on the Iraq Stock Exchange under the Contrast sizes of these companies , The research addressed the theoretical concepts associated with each of the debt financing , economic added value and Organization size With the use of financial techniques in the practical side to measure these variables, The research community Represent of the shareholding companies listed on the Iraq Stock Exchange with a choice of intentionally sample of 24 joint stock companies representing 
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The most important results reached by the re
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Many conclusions have been driven by the research
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