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Iraq's debt is $71 billion

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1 Iraq's debt is $71 billion on Mon Mar 26, 2018 5:34 pm

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http://economy-news.net/content.php?id=11713

Iraq's debt is $71 billion

Economy News Baghdad:

The Iraqi central bank governor Ali Aliak said on Monday that the Iraqi debt reached 71 billion dollars, stressing that the subject of deleting zeros from the currency is ready but needs a suitable environment for its implementation.

Al-Aalak said in a meeting with the editors of a number of Iraqi media and attended by "Economy News" that "Iraq's external debt is still within reasonable rates did not reach the red zone," stressing that

"the current Iraqi debt is $71 billion, divided into 42 billion An internal debt dollar and $29 billion in foreign debt."

He added that "some specialists add to the total debt amount of more than 40 billion dollars, which is a Gulf debt since the time of the previous regime and is pending and did not claim these countries," explaining that

"the Gulf countries may be debt cancellation at any time."

On the other hand, Al-Alaq said that "the subject of deleting zeros from the currency is ready but needs a suitable environment to be applied to prevent manipulation and fraud by the owners of vulnerable souls," noting that

"the Central Bank sent the salaries of employees of the Kurdistan region before resolving the problem with the central government and deposited In the branch of Erbil."


Date added 26/03/2018

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