Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

Deputy: The volume of Iraqi debt is more than 133 billion dollars DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Deputy: The volume of Iraqi debt is more than 133 billion dollars

Go down

Deputy: The volume of Iraqi debt is more than 133 billion dollars Empty Deputy: The volume of Iraqi debt is more than 133 billion dollars

Post by RamblerNash Wed Jul 03, 2019 10:43 pm

Deputy: The volume of Iraqi debt is more than 133 billion dollars

Deputy: The volume of Iraqi debt is more than 133 billion dollars Doc-P-309998-636977519916914980

2019-07-03 07:57

MP Mahmoud al-Kaabi, on Wednesday, that the volume of Iraqi debt is more than 133 billion dollars, noting that Iraq pays 10.8 trillion dinars.

Al-Kaabi said in an interview with Alsumaria News that "the report of the Parliamentary Finance Committee showed that the volume of debt owed by Iraq amounted to 133 billion and 700 million dollars," noting that "the budget showed that Iraq pays 10.8 trillion dinars due to debt and interest of 4.5 trillion dinars because of these debts "He said.

"We have asked the Department of Public Debt at the Ministry of Finance mechanism to pay these debts and their schedule and interest and the size of internal and external debt, but the Department refrained from that," adding that "will be approached by the Ministry of Finance on this and we await response to all our concerns."

Al-Kaabi said that "there are suspicions that require us to investigate the matter," stressing that "we will inform the people on all the results, whether negative or positive."

The debt of Iraq amounted to nearly 120 billion dollars in 2003, before the debt settlement with some countries by paying the principal only without interest, in cooperation with the United Nations and the International Monetary Fund .

In 2014, Iraq was hit by a financial crisis with a third of its territory out of government control, plus high operating costs, making it resort to external and domestic borrowing to fill its budget deficit and cover war costs.

LINK
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 24129
Join date : 2015-02-19

View user profile

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum