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Parliamentary Economy: Most of Iraq's debt inherited from the former regime
Date: 13/03/2017 10:58
Dollar
Information / Baghdad ..
The Commission on investing and the economy in Parliament, on Monday, that the majority of the International Court owed by Iraq inherited from the era of the former regime, which are estimated at $ 55 billion due to wars and economic policies "wrong", saying the government's ability to repay the debt after the improvement of global oil prices.
Said committee member Najiba Najib told / information /, said that "most of the International Court owed by Iraq inherited from the era of the former regime, which are estimated at $ 55 billion due to wars and economic policies wrong."
She added that "the total public debt of Iraq amounted to about $ 100 billion, but most of them inherited in domestic debt reached about $ 15 billion and the remaining is a soft divan provided by the governments of Japan, Germany and the International Monetary Fund to pay far batches of up to 20 years."
Najib added that "those amounts invested in the industry and the development of public services and bridging the budget deficit during the previous Amyin and the payment of salaries," indicating that "the government is able to repay the amounts in light of improving global oil prices and reduce dependence on the sale of oil by increasing non-oil income of Commerce and Industry and agriculture. " Finished / 25 d
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Date: 13/03/2017 10:58
Dollar
Information / Baghdad ..
The Commission on investing and the economy in Parliament, on Monday, that the majority of the International Court owed by Iraq inherited from the era of the former regime, which are estimated at $ 55 billion due to wars and economic policies "wrong", saying the government's ability to repay the debt after the improvement of global oil prices.
Said committee member Najiba Najib told / information /, said that "most of the International Court owed by Iraq inherited from the era of the former regime, which are estimated at $ 55 billion due to wars and economic policies wrong."
She added that "the total public debt of Iraq amounted to about $ 100 billion, but most of them inherited in domestic debt reached about $ 15 billion and the remaining is a soft divan provided by the governments of Japan, Germany and the International Monetary Fund to pay far batches of up to 20 years."
Najib added that "those amounts invested in the industry and the development of public services and bridging the budget deficit during the previous Amyin and the payment of salaries," indicating that "the government is able to repay the amounts in light of improving global oil prices and reduce dependence on the sale of oil by increasing non-oil income of Commerce and Industry and agriculture. " Finished / 25 d
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