Parliamentary Finance: Iraq’s debt stood at $ 70 billion
Parliamentary Finance: Iraq’s debt stood at $ 70 billion
04/04/2016 16:55 pm (Baghdad time)
Special – balances News
He revealed the parliamentary finance committee member Ahmed Sarhan, Monday, short of Iraq’s debt of nearly $ 70 billion, while stressing the existence of negotiations with donor countries to drop the accumulated debts of Iraq.
He said Sirhan’s / balances News /, that “Iraq is passing through a deficit and an economic crisis as a result of a severe drop in oil prices,” noting that “there are points you order to negotiate with the donor countries to bring down the backlog of Iraq in 2003 before the debt.”
He added that “Iraq’s debt now stood at nearly 70 billion dollars, which is heavier financial burden on the budget.”
It is said that an economist nice Ugaili said, earlier, that borrowing from the World Bank will hold the current financial and economic crisis experienced by the country .anthy 29
From: Issa Hussein
mawazin.net
