Iraq’s domestic debt rises to 90 trillion dinars
Iraq’s domestic debt rises to 90 trillion dinars
2025-10-11 03:57
Shafaq News – Baghdad
The Central Bank of Iraq announced on Saturday an increase in Iraq’s domestic debt for July 2025.
The bank stated in a report seen by Shafaq News Agency that “Iraq’s domestic debt rose in July to 90.30 trillion dinars, an increase of 2.91 percent compared to last June, which reached 87.74 trillion dinars.”
He added, “The debt also increased by 16 percent compared to the same period last year, reaching 76 trillion dinars.”
The bank indicated that “the reason for the increase in domestic debt is due to a 1.72 percent decrease in government bank loans in July compared to June.”
It’s worth noting that the Echo Iraq Observatory earlier today, Saturday, considered that oil sales are no longer sufficient to cover the state’s monthly running expenses, which amount to approximately 11 trillion Iraqi dinars.
The observatory stated in a press statement received by Shafaq News Agency that “current expenditures represent the largest portion of the state’s expenditures, amounting to 11,503,656,980,146 dinars,” indicating that “this amount, out of a total of 27 trillion dinars, represents the total expenditures of the licensing rounds, the Chinese agreement, and investment.”
shafaq.com
