Iraq reduces its holdings of US bonds to more than $6 billion
Iraq reduces its holdings of US bonds to more than $6 billion
2023-06-25 02:52
Shafaq News / The US Treasury Department announced, on Sunday, that Iraq has reduced its holdings of US bonds to more than $6 billion during the first four months of 2023.
The treasury said in its latest table, seen by Shafaq News agency, that “Iraq reduced its holdings of bonds during those months, starting from January to April, by $6.4 billion, to reach the 36th rank among the 38 countries with the largest holders of US treasury bonds.” listed in the table of countries.
And she added, “Iraq’s possession of US bonds in January amounted to 41.2 billion dollars, to decrease to 40.7 billion dollars in February, to decrease to 39.3 billion dollars in March, and to decline again in April to 34.8 billion dollars,” noting that “Iraq’s possession of US bonds in The month of January 2022 amounted to 40.8 billion dollars.
She pointed out that “Iraq was the fourth largest Arab country in the largest possession of US bonds, after Saudi Arabia, the UAE and Kuwait.”
shafaq.com
