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Iraq is the largest buyer of US bonds among Arab countries
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2023-02-25 03:40
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Shafaq News/ The US Treasury Department revealed, on Saturday, that Iraq ranked first among the Arab countries that purchased US bonds the most during the past year 2022.
The treasury said in a statistic on its official website, seen by Shafaq News agency, that "Iraq bought US bonds during the past year 2022, starting from January to December, amounting to 18.31 billion dollars, with a growth rate of 81.38%, to reach 40.814 billion dollars, and to rank first among countries." Arabia, which was the most buying US bonds during the past year.
The treasury added, "The UAE came second by purchasing bonds during one year by $13.7 billion, with a growth of 30.51%, followed by Kuwait by purchasing $2.1 billion, with a growth of 4.53%, followed by Saudi Arabia by purchasing $700 million, with a growth of 0.59%."
She pointed out that "Saudi Arabia was the most Arab country in possession of US bonds, with a value of $119.709 billion, followed by the UAE with $58.50 billion, followed by Kuwait with $48.522 billion, and then Iraq fourth with $40.814 billion, followed by Oman with $6.860 billion."
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[You must be registered and logged in to see this image.]
2023-02-25 03:40
Share
Font
Shafaq News/ The US Treasury Department revealed, on Saturday, that Iraq ranked first among the Arab countries that purchased US bonds the most during the past year 2022.
The treasury said in a statistic on its official website, seen by Shafaq News agency, that "Iraq bought US bonds during the past year 2022, starting from January to December, amounting to 18.31 billion dollars, with a growth rate of 81.38%, to reach 40.814 billion dollars, and to rank first among countries." Arabia, which was the most buying US bonds during the past year.
The treasury added, "The UAE came second by purchasing bonds during one year by $13.7 billion, with a growth of 30.51%, followed by Kuwait by purchasing $2.1 billion, with a growth of 4.53%, followed by Saudi Arabia by purchasing $700 million, with a growth of 0.59%."
She pointed out that "Saudi Arabia was the most Arab country in possession of US bonds, with a value of $119.709 billion, followed by the UAE with $58.50 billion, followed by Kuwait with $48.522 billion, and then Iraq fourth with $40.814 billion, followed by Oman with $6.860 billion."
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