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Iraq is debt free
The first 12/18/2024
The editor-in-chief wrote:
External debts were one of the biggest obstacles standing in the way of achieving economic development and the emergence of a healthy economy, and
one of the major dilemmas that prevented successive Iraqi governments from implementing their duties towards their people and providing services to them.
It never occurred to anyone that a day would come when we could clearly and unequivocally say that Iraq is a country with no foreign debts.
Iraq today is debt free.
Whoever knows that the Iraqi economy has been shackled since the beginning of the eighties by astronomical debts, the money of which was wasted in the holocausts of Saddam’s regime’s senseless wars first with Iran and then with the whole world, will certainly know the importance of this short sentence,
“Iraq is without debts.”
For many decades, Iraq has been paying the world money that did not benefit from it in development, services, or improving living conditions.
The series of decisions taken by the government of Muhammad Shiaa al-Sudani and the correct measures it took were the basis for the success of the plan to manage the financial file and spare the country from many financial crises in this extremely complex and complex regional circumstance.
This achievement will be the necessary introduction to attracting investments and reassuring political and economic partners about the future of Iraq, because it proves that the mind that runs the Iraqi economy is on the right path.
In this context comes the statement of Mr. Mazhar Muhammad Saleh, the economic advisor to the Prime Minister, that
Iraq “has become one of the financially fortified countries, with high credit, which qualifies it to become a creditor after having been a debtor.”
Short phrases, but the result of years of effort and hard work.
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The first 12/18/2024
The editor-in-chief wrote:
External debts were one of the biggest obstacles standing in the way of achieving economic development and the emergence of a healthy economy, and
one of the major dilemmas that prevented successive Iraqi governments from implementing their duties towards their people and providing services to them.
It never occurred to anyone that a day would come when we could clearly and unequivocally say that Iraq is a country with no foreign debts.
Iraq today is debt free.
Whoever knows that the Iraqi economy has been shackled since the beginning of the eighties by astronomical debts, the money of which was wasted in the holocausts of Saddam’s regime’s senseless wars first with Iran and then with the whole world, will certainly know the importance of this short sentence,
“Iraq is without debts.”
For many decades, Iraq has been paying the world money that did not benefit from it in development, services, or improving living conditions.
The series of decisions taken by the government of Muhammad Shiaa al-Sudani and the correct measures it took were the basis for the success of the plan to manage the financial file and spare the country from many financial crises in this extremely complex and complex regional circumstance.
This achievement will be the necessary introduction to attracting investments and reassuring political and economic partners about the future of Iraq, because it proves that the mind that runs the Iraqi economy is on the right path.
In this context comes the statement of Mr. Mazhar Muhammad Saleh, the economic advisor to the Prime Minister, that
Iraq “has become one of the financially fortified countries, with high credit, which qualifies it to become a creditor after having been a debtor.”
Short phrases, but the result of years of effort and hard work.
[You must be registered and logged in to see this link.]
