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Parliamentary Finance: Iraq's debt exceeded $ 100 billion
13/2/2017
Parliamentary Finance Committee warned on Monday not to meet Iraq to pay foreign and domestic debts, indicating that it exceeded the 100 billion dollars.
A member of the committee, Ahmed Hama Rashid in an interview for "Tomorrow's Press," that "Iraq's debt exceeded $ 100 billion, and divided by $ 35 billion internal debts and $ 70 billion in foreign debt, and came because of the government's borrowing to fill the budget deficit during the past three years" .
Among Rashid said: "There is a real concern not to meet those debts, because of continued dependence on oil dramatically, with the instability of prices, as well as the lack of development of other sectors such as industry, agriculture and tourism."
He called Rashid, said that "there is a real and effective plans to get rid of these debts, which cause financial Petrakmat borne by future generations, and reflected negatively on the economic reality."
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