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[You must be registered and logged in to see this link.] 40[ltr] 08/03/2017[/ltr]
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[You must be registered and logged in to see this link.] 40[ltr] 08/03/2017[/ltr]
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Parliamentary Finance Committee, announced Tuesday that the size of the debt owed by Iraq due loans amounted to about $ 119 billion.
Said committee member MP Magda Tamimi said in a statement that "the debt became owed by Iraq from international loans and loans of the International Monetary Fund, amounted to $ 119 billion with the last British loan which is up nearly $ 12 billion," indicating that "these loans are not benefited Iraq because of poor financial management and the weakness of the monetary policy of the Iraqi state and there was no radical solutions viable by the government to curb this crisis. "
Tamimi added that "there is a big problem which the Iraqi government pass a lack of accountability of the corrupt who discharged enormous money and incriminating files are large theft, and this led to Astvhalhm larger and growing episode spoilers and shrinking circle of honest officials."
A sign that "the loans lost its usefulness because it is swallowed by the corrupt, big and affected people is because he is who bears the burden of debt and keep paying them for many years."
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