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Economy News _ Baghdad
The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed, on Saturday, the size of the debts on Iraq after the new borrowing if approved by Parliament, while noting that the Iraqi child's debt when he is born will be 3000 dollars.
Al-Saffar said in a televised interview followed by Al-Eqtisad News, that “Iraq owed 40 trillion dinars internal and 25 billion dollars abroad before the vote on the borrowing law, and after the approval of the borrowing law of 15 trillion dinars and 5 billion dollars, Iraq became owed 55 trillion dinars and 30 billion Dollars ”.
He added, "If the new borrowing law is approved of 41 trillion dinars, the total debt will be 96 trillion dinars and $ 30 billion is the government’s debt, with the exception of more than $ 40 billion. This is the Gulf’s debt for the Iran war."
He continued, "If we divide these debts on the population, it will be the debt of every individual and the Iraqi child when 3000 dollars are born abroad and internally."
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