Iraq to pay 10 billion dollars of debt by 2022

Iraq to pay 10 billion dollars of debt by 2022

21 May 2018 02:58 PM

Iraq to pay 10 billion dollars of debt by 2022Appearance of Mohammed Saleh – economic adviser to the Iraqi prime minister

Iraq will repay $ 10 billion of its debt by 2022, an adviser to the Iraqi prime minister for economic affairs said.

Saleh said in statements to the Iraqi News Agency, Monday, that the government should hedge for now to pay these large debts through the establishment of the fund to compensate debt by putting funds in it annually.

Saleh stressed that Iraq is able to pay these debts, especially after obtaining a good credit rating, pointing out that the experience proved that Iraq did not delay the payment of debts incurred previously.

The governor of the Central Bank of Iraq, at the end of November last year, that the total domestic debt of his country amounted to more than 40 trillion dinars (33.3 billion dollars).

The economic adviser to the Iraqi Prime Minister , in mid-February this year, that Baghdad began earlier this year to pay the remnants of the war compensation of about $ 4.5 billion dollars.

mubasher.info