Iraq is born which is required of $ 3260 to foreign countries

Iraq is born which is required of $ 3260 to foreign countries



Economy News Baghdad:
generates Iraq which is required to countries and foreign businessmen and Iraqis around $ 3260 after the distribution of the amount of debt the size of $ 127 billion on Iraq 's population.
According to the International Monetary Total national debt in 2017 Fund estimates and estimates of the numbers of the population of the United States Census Bureau in the same year, the first ten Arab countries are divided in terms of the share of per capita debt into two categories.
The first category includes oil -producing countries, rising debt due to major economies sizes and thus huge government investments, as well as high credit classification , which allows them to borrow larger amounts, as rising per capita, or the taxpayer, one of its debts due to the low number of their population.
It sits on top of the Gulf and Arab Qatar , the list of per capita share of the debt of $ 48.863, teams vast Bahrain Her second place, which is the share of per capita of $ 19.723, and in the third Gulf and the fourth Arab Emirates and Kuwait, the figure drops significantly in Saudi Arabia and Oman to $ 4,693.
The second category includes mainly countries that have experienced wars long political unrest, including Lebanon, the third Arab, which increases per capita and debt than in the UAE, and Libya , which affected oil production war department where, then Jordan and rising debt following the investment slowdown due to surrounding unrest and receive large numbers of refugees, and finally Iraq.
In contrast, an individual stake in Algeria's debt to $ 0.75, which is the lowest among the Arab countries, which is also the only below $ cent, followed by Somalia and Syria share of $ 196, and in the Syrian case in particular, the debt reduction is due primarily to the policy, as deliberately Russia in 2005 to write off the Syrian debt, which constituted about 73% of the country 's debt.
Is not enough to read these figures alone to understand the size of the impasse in which some Arab countries are located. Another number worth focusing on it was already clear that this state borrows what is able to reply or not, a percentage of GDP.
While converging per capita in Lebanon and the UAE debt, the UAE 's debt constitutes only 18.8% of its gross domestic product, while the same percentage in Lebanon 149%, as well as the case between Libya amounting to debt of about 100.2% of GDP and Kuwait , which does not increase the ratio itself in about 22.4%.
Egypt , which has debts amounting to more than $ 200 billion and per capita including $ 2,093, constitute a debt of 93.4% of its gross domestic product and like Jordan , where the figure is about 94%, while the debt of Mauritania 81.5%.
Bahrain is the only Gulf state to increase its debt GDP ratio of 70%, with an 82.3% and the IMF expects to rise to about 100% by the year 2021.
According to this ratio, Algeria is the least involved in debt, as it does not increase its debt ratio of its gross domestic product from 17.1% it is not expected to exceed 30% by the year 2020. the solutions
can not estimate the potential damage of government debt as the country is located in the debtor did not make a financial crisis , unable to pay its debts.
The International Monetary Fund , which governments owe him more than others usually, often accompanied by debt conditions on borrowing the government to reduce its budget deficit and ensure its ability to repay debt.
From here you can not be associated with damage to the inability to pay debts, but only with its existence, as include the conditions imposed on the borrower with a low credit rating sectors benefiting those with low - income citizens, or health sectors such as education or service.
As well as in addition to raising taxes on low - income versus reduced foreign investment and increased spending on major economic activities and investments. It may also include conditions requiring the country to open its markets to foreign products and thus increase the pressure on local products.
In the worst cases - as is the case of Greece , for example - forced the country to borrow more money, which will double the debt down unless there is a minimum of transparency in the country 's debtor allows not to waste money Almstdanh, this command is not available in most Arab countries , according to the order of Transparency International international 2016, doubling the debt over time snow ball.
Facing many Arab countries experiencing wars and internal conflicts, especially Syria and Yemen is Alnaftytin, the risk of falling into the debt spiral in the reconstruction phase.
What have not been there in a position of responsibility minds do not drift beyond the traditional solutions, originally imposed by the larger share of the International Monetary Fund and creditor nations, these countries will sink into financial crises and declines in a row for the value of the local currency, especially in the absence of industrial sectors are able to bridge the deficit.


[You must be registered and logged in to see this link.]