This research aims to review the importance of the issue of coordination between the fiscal and monetary policies by addressing the theoretical framework for this coordination, and clarifying the mutual influence between the two policies, as well as conducting a literary survey of developments in the economic literature with regard to the issue of coordination. This research also deals with the determinants of coordination between the two policies, And the institutional arrangements and implementation mechanisms necessary for this coordination efficiency. So that achieving a balance between monetary and financial policies in the Iraqi economy can create an imposition for the advancement of the Iraqi economy towards stability, growth and facing challenges.