Where did the money go? Iraq’s domestic public debt is rising.
Where did the money go? Iraq’s domestic public debt is rising.
2025-06-07 03:47
Shafaq News/ The Central Bank of Iraq announced on Saturday that Iraq’s domestic public debt had risen by the end of March of this year, revealing the entities to which the debts had been allocated.
The bank stated in official statistics reviewed by Shafaq News Agency that Iraq’s domestic debt rose at the end of March 2025 to 85 trillion and 536 billion dinars, compared to 82 trillion and 608 billion dinars in February.
She added that this debt also increased by 2.91% compared to the end of 2024, which amounted to 83 trillion and 50 billion dinars, and increased by 17.53% compared to the end of 2023, which amounted to 70 trillion and 585 billion dinars.
The bank explained in its statistics that these debts, amounting to 85.536 billion dinars, come in the form of bonds amounting to 12,567,939 trillion dinars, in the form of government bank loans amounting to 5,800,000 trillion dinars, and in the form of loans to financial institutions amounting to 13,352,406 trillion dinars.
He added that the debt also comes from treasury transfers for the Ministry of Finance amounting to 2,030,000 trillion dinars, treasury transfers amounting to 51,030,130 trillion dinars, and debts on the Ministry of Finance amounting to 755 billion and 519 million dinars.
shafaq.com
