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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Judge: Iraq owes $ 132 billion in annual benefits of $ 7 billion

    Rocky
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    Judge: Iraq owes $ 132 billion in annual benefits of $ 7 billion Empty Judge: Iraq owes $ 132 billion in annual benefits of $ 7 billion

    Post by Rocky Tue Mar 27, 2018 4:25 am



    [rtl]Judge: Iraq owes $ 132 billion in annual benefits of $ 7 billion[/rtl]

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    [rtl] March 27, 2018 - 4:31 Number of readings:   [/rtl]
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    [rtl]Judge Wael Abdul Latif revealed on Tuesday the amount of interest Iraq collects annually on loans provided by donor countries, warning that these loans become burdens for future generations.[/rtl]
     
    [rtl]"The House of Representatives failed to provide real treatment of the economic situation of Iraq, and a clear vision to address national development plans in the fight against unemployment and poverty in the country."[/rtl]
     
    [rtl]"There is also no economic vision in the country related to the sectors of agriculture, industry and investment," said Abdul Latif, a former deputy, noting that "the debt of Iraq reached 132 billion dollars."[/rtl]
     
    [rtl]On the size of the benefits of Iraq borrowing money from the donor countries, Abdul Latif pointed out that "the countries that provided loans to Iraq for annual benefits of $ 7 billion," stressing that "loans and interest began to swell as debts for generations to come."[/rtl]
     
    [rtl]It is noteworthy that Iraq recently obtained, at a conference of donor countries held in Kuwait on (11 February), $ 9.5 billion, for the reconstruction of areas liberated from the organization, "Daash."[/rtl]
     
    [rtl]Iraq is facing an economic crisis due to the decline in oil prices in the global market, as well as control of security in the country after the end of military operations against the organization calling, which requires spending millions of dollars.[/rtl]


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