By numbers .. revealed the debts and foreign loans to Iraq

By numbers .. revealed the debts and foreign loans to Iraq



12/17/2019 10:49

{Baghdad: Al Furat News} revealed that the Finance Committee in the House of Representatives to pay more than $ 20 billion of the size of external debt incurred by Iraq.

The head of the committee, Haitham Al-Jubouri, said in a press statement that "the foreign debts still on Iraq are 27 billion dollars and 41 billion dollars for Saudi Arabia are not recognized, because they were debts given to the former president of the regime during the Iran-Iraq war."

He pointed out that "the debts on Iraq were more than 50 billion dollars, more than 20 billion dollars were paid during the last period."

For his part, MP Magda Al-Tamimi revealed the volume of foreign loans and borrowed from the World Bank and other external bodies to support investment and the budget deficit.

Al-Tamimi said: "There is a loan in 2015 worth one billion and 200 million dollars, and in 2016 there is a loan of one billion and 443 million dollars," explaining that "these loans in the two years above are borrowed from the World Bank to support the budget deficit."

She added that "there are other investment loans that were disbursed to some sectors, including health, education, roads, bridges, and ports, in addition to some of them for the reconstruction of the liberated areas," noting that "these loans are not from the World Bank, but are dependent on foreign bodies." Other. "

She added that "the total loans to support the investment amounted to 7 billion and 183 million dollars," noting that "there are also loans in Japanese yen and the euro, as the yen loan amounted to 309 billion and 971 million yen, and the euro amounted to 646 million euros."

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