Iraq’s domestic public debt rises sharply
Iraq’s domestic public debt rises sharply
2025-09-02 03:03
Shafaq News – Baghdad
The Central Bank of Iraq announced on Tuesday that domestic public debt will rise by the end of June 2025.
The bank said in an official statistic seen by Shafaq News Agency, “Iraq’s domestic public debt rose by the end of June of this year to reach 87 trillion and 748 billion Iraqi dinars, an increase of 2.56% compared to May, which reached 85 trillion and 503 billion dinars, also an increase of 5.35% compared to 2024, which reached 83.050 trillion dinars, and an increase of 19.59% compared to 2023, which reached 70.558 trillion dinars.”
He added, “The increase was a result of the increase in the payment of farmers’ dues, which reached $14.83 trillion, up from $12.568 trillion.”
The bank pointed out in its statistics that the remaining debts are owed by the Ministry of Finance amounting to 756 billion dinars, and treasury transfer debts at the Central Bank and commercial banks amounting to 51 trillion and 30 billion dinars, in addition to treasury transfers on the account of the Ministry of Finance amounting to 2 trillion and 30 billion dinars, and loans to financial institutions amounting to 19 trillion and 102 million dinars.
shafaq.com
