Home
[size=35][size=35]The debts of Iraq .. Challenges facing the Iraqi economy[/size]
[You must be registered and logged in to see this link.]
2019-05-30 9:29
[You must be registered and logged in to see this image.]
[/size]
1,995 views
A matter attributed to specialists, according to "Al Jazeera Net", to the financial and administrative corruption prevalent in the country, and go to the pockets of the parties to finance their activities instead of sustainable development.
The story of [You must be registered and logged in to see this link.] began with the religion in the Iran-Iraq war in the 1980s, where the debt out of the sum of eighty billion dollars, and in 2003 reached [You must be registered and logged in to see this link.] debt to nearly 120 billion dollars, before the debt is settled with some countries by paying the principal Without any benefits, in cooperation with the United Nations and [url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]the International Monetary Fund[/url] .
In 2014, [You must be registered and logged in to see this link.] was hit by a financial crisis with a third of its territory out of government control, plus high operating costs, making it resort to external and domestic borrowing to fill its budget deficit and cover war costs.
The foreign debt, according to [url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]the International Monetary Fund (IMF[/url] ), now stands at $ 85.3 billion. It includes the entitlements of foreign companies operating in the energy sector and the purchase of electricity and gas from [You must be registered and logged in to see this link.] , while the domestic debt reaches $ 40 billion, mainly to the central bank and the three government banks: Rafidain, For trade, and the National Retirement Authority.
Today, [You must be registered and logged in to see this link.] owes the Gulf states about $ 41 billion, borrowed from Saddam Hussein's former political system, as well as [url=https://www.alsumaria.tv/Entity/3854174177/%D9%86%D8%A7%D8%AF%D9%8A %D8%A8%D8%A7%D8%B1%D9%8A%D8%B3/ar/]Paris Club[/url] debt of $ 9 billion. Iraq's debt has come close to the level of the red line to reach 55% of GDP.
The director of the Department of Financial Operations and Debt Management of [url=https://www.alsumaria.tv/Entity/693201483/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]the Central Bank of Iraq,[/url] Dr. [url=https://www.alsumaria.tv/Entity/108719121/%D9%85%D8%AD%D9%85%D9%88%D8%AF %D8%AF%D8%A7%D8%BA%D8%B1/ar/]Mahmoud Dagher[/url] , said in a press interview that " [You must be registered and logged in to see this link.]debt is not classified as excessive debt, because they are within the rational range, when compared with GDP.
"Iraq's debt currently stands at $ 68 billion, divided into $ 40 billion in domestic debt and $ 28 billion in foreign debt," he said.
He added that some international organizations add to the total debt of $ 41 billion to become a total of $ 109 billion, while these debts are not "suspended" in terms of payment of interest and receivables, and need to negotiate, and may be extinguished of 80%, as happened with the [url=https://www.alsumaria.tv/Entity/3854174177/%D9%86%D8%A7%D8%AF%D9%8A %D8%A8%D8%A7%D8%B1%D9%8A%D8%B3/ar/]Paris Club[/url] countries .
Dagher pointed out that some parties calculate the entitlements of foreign companies operating inside [You must be registered and logged in to see this link.] , as well as the import of electricity and gas within the debt, which is incorrect, because these are settled annually in the general budget, and allocate funds.
He stressed that the compensation of Kuwait is within the debt, and the rest of which 4.3 billion dollars, "We pay annually 0.5% of oil revenues."
He pointed out that there are two types of debt: the first went to fill the budget deficit, specifically during the years 2015 and 2016 because of increased military spending to recover land from the state organization, which was accompanied by a financial crisis due to low oil prices, which made the state go to borrow to fill the budget deficit Operational insurance for staff pensions, war costs and others.
The second type of religion went to investment projects to develop them, the private loans to the [url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]International Monetary Fund[/url] and the World Bank and the Japan Agency for International Cooperation "JICA" and others, according to the same speaker.
Dagher pointed out that [You must be registered and logged in to see this link.] began repaying loans and interest in 2018, and is expected to end the external loans during the next ten years, because the loan period ranging from five to seven years, while the domestic loans are very few and are settled annually.
" The amount of indebtedness of Iraq is very large, and part of it went to the pockets of corrupt and some political parties, through fictitious projects in the absence of transparency from 2003 until the end of 2014," said [url=https://www.alsumaria.tv/Entity/3548789364/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]the[/url] parliamentary representative of the [url=https://www.alsumaria.tv/Entity/3548789364/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Finance Committee[/url] Ikhlas al-Dulaimi.
"The budget of 2014 contains external and internal loans disbursed without the knowledge of anyone in mysterious circumstances because it was not approved within the parliament with the provision of accounts final to them."
Sistani Dulaimi pointed out that there are debts disbursed, and the country is obliged to pay its dues and benefits, and "these funds did not go to achieve development, but pockets of corrupt."
She pointed out that "the proportion of loans in each budget after 2003, between 20 and 25% of the total budget, because of the failed economic policies of previous governments, which are economic plans indiscriminate not dependent on the economy, but on the parties and businessmen loyal to them, and tampering with the country's ability to during the militias, according to the expression.
For their part, economists emphasized that the problem of [You must be registered and logged in to see this link.] is the lack of control over the debt, which made many international organizations refuse to lend directly, but through the support service projects supervised by, for fear of financial and administrative corruption.
said [url=https://www.alsumaria.tv/Entity/2556740423/%D8%A8%D8%A7%D8%B3%D9%85 %D8%AC%D9%85%D9%8A%D9%84 %D8%A3%D9%86%D8%B7%D9%88%D8%A7%D9%86/ar/]Bassem Jamil Antoine[/url] Vice - President of the Assembly For Iraqi economists in a press interview that " the problem of [You must be registered and logged in to see this link.]The money that entered the country of oil estimated at one trillion dollars, since 2003 until now, and is able to build the country, and not to borrow from any external or internal. "
He added that the problem that accompanied the Iraqi debt is financial and administrative corruption, and part of the This debt went to support the financial budget to fill the salaries of employees and public expenditures and others, while there are projects funded funded from public debt
He explained that some international organizations and countries began to grant funds to the Iraqi government, in installments after the completion of the stage of each project, The money was also getting in the past.
[You must be registered and logged in to see this link.]
[/size]
[You must be registered and logged in to see this link.]
Economie
[You must be registered and logged in to see this link.]2019-05-30 9:29
[You must be registered and logged in to see this image.]
[/size]
1,995 views
[size=18]Today, the Iraqi economy is facing huge challenges: a high debt volume, with $ 15 billion being allocated to repay debt and interest payments in 2019 as a result of increased borrowing over the past 10 years.
A matter attributed to specialists, according to "Al Jazeera Net", to the financial and administrative corruption prevalent in the country, and go to the pockets of the parties to finance their activities instead of sustainable development.
The story of [You must be registered and logged in to see this link.] began with the religion in the Iran-Iraq war in the 1980s, where the debt out of the sum of eighty billion dollars, and in 2003 reached [You must be registered and logged in to see this link.] debt to nearly 120 billion dollars, before the debt is settled with some countries by paying the principal Without any benefits, in cooperation with the United Nations and [url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]the International Monetary Fund[/url] .
In 2014, [You must be registered and logged in to see this link.] was hit by a financial crisis with a third of its territory out of government control, plus high operating costs, making it resort to external and domestic borrowing to fill its budget deficit and cover war costs.
The foreign debt, according to [url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]the International Monetary Fund (IMF[/url] ), now stands at $ 85.3 billion. It includes the entitlements of foreign companies operating in the energy sector and the purchase of electricity and gas from [You must be registered and logged in to see this link.] , while the domestic debt reaches $ 40 billion, mainly to the central bank and the three government banks: Rafidain, For trade, and the National Retirement Authority.
Today, [You must be registered and logged in to see this link.] owes the Gulf states about $ 41 billion, borrowed from Saddam Hussein's former political system, as well as [url=https://www.alsumaria.tv/Entity/3854174177/%D9%86%D8%A7%D8%AF%D9%8A %D8%A8%D8%A7%D8%B1%D9%8A%D8%B3/ar/]Paris Club[/url] debt of $ 9 billion. Iraq's debt has come close to the level of the red line to reach 55% of GDP.
The director of the Department of Financial Operations and Debt Management of [url=https://www.alsumaria.tv/Entity/693201483/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]the Central Bank of Iraq,[/url] Dr. [url=https://www.alsumaria.tv/Entity/108719121/%D9%85%D8%AD%D9%85%D9%88%D8%AF %D8%AF%D8%A7%D8%BA%D8%B1/ar/]Mahmoud Dagher[/url] , said in a press interview that " [You must be registered and logged in to see this link.]debt is not classified as excessive debt, because they are within the rational range, when compared with GDP.
"Iraq's debt currently stands at $ 68 billion, divided into $ 40 billion in domestic debt and $ 28 billion in foreign debt," he said.
He added that some international organizations add to the total debt of $ 41 billion to become a total of $ 109 billion, while these debts are not "suspended" in terms of payment of interest and receivables, and need to negotiate, and may be extinguished of 80%, as happened with the [url=https://www.alsumaria.tv/Entity/3854174177/%D9%86%D8%A7%D8%AF%D9%8A %D8%A8%D8%A7%D8%B1%D9%8A%D8%B3/ar/]Paris Club[/url] countries .
Dagher pointed out that some parties calculate the entitlements of foreign companies operating inside [You must be registered and logged in to see this link.] , as well as the import of electricity and gas within the debt, which is incorrect, because these are settled annually in the general budget, and allocate funds.
He stressed that the compensation of Kuwait is within the debt, and the rest of which 4.3 billion dollars, "We pay annually 0.5% of oil revenues."
He pointed out that there are two types of debt: the first went to fill the budget deficit, specifically during the years 2015 and 2016 because of increased military spending to recover land from the state organization, which was accompanied by a financial crisis due to low oil prices, which made the state go to borrow to fill the budget deficit Operational insurance for staff pensions, war costs and others.
The second type of religion went to investment projects to develop them, the private loans to the [url=https://www.alsumaria.tv/Entity/44814/%D8%B5%D9%86%D8%AF%D9%88%D9%82 %D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/ar/]International Monetary Fund[/url] and the World Bank and the Japan Agency for International Cooperation "JICA" and others, according to the same speaker.
Dagher pointed out that [You must be registered and logged in to see this link.] began repaying loans and interest in 2018, and is expected to end the external loans during the next ten years, because the loan period ranging from five to seven years, while the domestic loans are very few and are settled annually.
" The amount of indebtedness of Iraq is very large, and part of it went to the pockets of corrupt and some political parties, through fictitious projects in the absence of transparency from 2003 until the end of 2014," said [url=https://www.alsumaria.tv/Entity/3548789364/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]the[/url] parliamentary representative of the [url=https://www.alsumaria.tv/Entity/3548789364/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9/ar/]Finance Committee[/url] Ikhlas al-Dulaimi.
"The budget of 2014 contains external and internal loans disbursed without the knowledge of anyone in mysterious circumstances because it was not approved within the parliament with the provision of accounts final to them."
Sistani Dulaimi pointed out that there are debts disbursed, and the country is obliged to pay its dues and benefits, and "these funds did not go to achieve development, but pockets of corrupt."
She pointed out that "the proportion of loans in each budget after 2003, between 20 and 25% of the total budget, because of the failed economic policies of previous governments, which are economic plans indiscriminate not dependent on the economy, but on the parties and businessmen loyal to them, and tampering with the country's ability to during the militias, according to the expression.
For their part, economists emphasized that the problem of [You must be registered and logged in to see this link.] is the lack of control over the debt, which made many international organizations refuse to lend directly, but through the support service projects supervised by, for fear of financial and administrative corruption.
said [url=https://www.alsumaria.tv/Entity/2556740423/%D8%A8%D8%A7%D8%B3%D9%85 %D8%AC%D9%85%D9%8A%D9%84 %D8%A3%D9%86%D8%B7%D9%88%D8%A7%D9%86/ar/]Bassem Jamil Antoine[/url] Vice - President of the Assembly For Iraqi economists in a press interview that " the problem of [You must be registered and logged in to see this link.]The money that entered the country of oil estimated at one trillion dollars, since 2003 until now, and is able to build the country, and not to borrow from any external or internal. "
He added that the problem that accompanied the Iraqi debt is financial and administrative corruption, and part of the This debt went to support the financial budget to fill the salaries of employees and public expenditures and others, while there are projects funded funded from public debt
He explained that some international organizations and countries began to grant funds to the Iraqi government, in installments after the completion of the stage of each project, The money was also getting in the past.
[You must be registered and logged in to see this link.]
[/size]
» Central Bank: Importance of cooperation and money transfer to facilitate trade with Azerbaijan
» Iraqi Businesswomen Council: A safe environment to support women’s entrepreneurship and develop skil
» Economist: The value of the dinar will decrease and the financial deficit will increase
» American website: Iraq's budget suffers from a deficit of $49.3 billion
» Good news for journalists and writers.. The "financial grant" will be launched on this date
» Iraq is the third Arab country in gold reserves
» Wanted by Iraqi judiciary.. An "Iraqi-American" diplomatic crisis with Trump's victory in the US pre
» Central Bank of Iraq sells more than $280 million in auction today
» Trump's victory... will it be a lifeline from the "judicial guillotine"?
» After winning the presidential race, Trump talks about a “strong mandate”
» Al-Sudani chairs meeting with IATA delegation
» Central Bank Governor stresses need for cooperation to facilitate trade with Azerbaijan
» utube 11/6/24 Donald Trump's full victory speech
» Deep State Confronted by Trump.. Will Elon Musk Lead America, the World and “Mars”?
» Alsumaria Noon Bulletin Files: Trump's Victory and Objections to the General Amnesty Law
» Parliamentary bloc explains reasons for demanding extension of legislative term
» Al-Sudani discusses with an international delegation lifting the ban on Iraqi Airways
» Axios: Washington warned Baghdad that Israel may attack Iraq if it does not prevent the Iranian atta
» Trump declares victory in US elections: I will not start wars, but I will end them
» Parliamentary Foreign Affairs: Trump is wanted by the Iraqi judiciary, but the country's interest co
» "Al-Eqtisad News" publishes the full decisions of the Cabinet session
» Bitcoin Hits All-Time High in Early Trading
» Iraq tops the list of countries importing Arab products related to construction activity
» 2025 Strong national economy and sound banks
» Government stresses the need to secure petroleum derivatives for energy production
» Anbar: The second phase of the electricity connection with Jordan has reached its end
» Iraq's gold holdings rise to more than 152.5 tons
» Al-Alaq stresses to Azerbaijani ambassador the importance of cooperation in transferring money to fa
» 7 decisions on the general population census
» The world awaits the new US president
» Sudanese demands stopping the Zionist aggression
» Wasit: Distribution of seeds among farmers with a support rate of 70 percent
» Trade: Central markets {hypermarkets} to officially open in 2025
» Civil Service Council: Controls for appointing land donors
» Baghdad Municipality: Measures to avoid damage from oil spills in the Tigris
» The Board of Trustees discusses a number of topics related to developing the work of the media netwo
» Sovereign guarantees boost labor market
» Mazhar Saleh: No impact of oil price drop on operating budget
» Iraq's share in the IMF
» Trump's "Historic" Victory: World Leaders Congratulate Him
» Amid US Elections, China Hopes for Peaceful Coexistence with US
» Judge Zeidan discusses with the Special Representative of the Secretary-General of the United Nation
» The President of the Republic congratulates Trump on winning the presidential elections in the Unite
» Following Trump's victory, EU leaders call for emergency meeting
» Nineveh Education: We completed 52 schools under the Chinese loan
» With Arab and foreign participation...the launch of the sessions of the Ninth International Scientif
» Al-Sudani chairs a meeting to follow up on fuel procedures for energy production
» Bitcoin Touches $75K for First Time as Investors Bet on Trump Win
» Trump's Trading Gains Momentum... Markets and Stocks Rise Strongly
» Parliament responds to the framework’s call and sets the extension period for its legislative term
» After the decision to compensate the region for the costs of oil production and transportation.. an
» For the first time in 4 years, Republicans win the majority in the Senate
» Challenges of Trump's Arrival to the White House and Its Impact on Iraq
» Zidane discusses with Al-Hassan the judicial procedures for achieving security and social stability
» US Stocks, Bitcoin Gain as Trump Surges in Election Race
» Dollar price drops against dinar in Iraq
» Workers in Iraq: Continued "marginalization" and calls to "ratify" the retirement and social securit
» “Pharmaceutical Cities”: A Step Towards Self-Sufficiency or a New Challenge for Local Industry?
» In a phone call with the US Secretary of State... Al-Sudani warns of the dangers of the continuation
» It has not happened in 132 years.. Trump is on the verge of a historic achievement
» Iraqi Drilling: Drilling and rehabilitating 15 oil wells in October to boost production
» Iraq Facing Challenges: Hopes of Establishing a Waste Recycling Plant in the East... Will It Succeed
» Interior: Unprecedented decline in crime rates across Iraq
» ILO: Enacting the Social Security Law in Iraq is a Historic Step Towards Protecting Workers
» Iraqi Tourism Companies Association participates in World Travel Market
» Al-Sudani stresses to Blinken the need to double efforts to stop the war
» The Iraqi Council of Ministers approves a set of service, economic and urban decisions
» Trump's Win Prospects Lift Stocks, Markets Strongly... Dollar at 5-Year High
» A look at the latest results.. Republicans swallow the House of Representatives, the Senate and the
» A look at the latest results.. Republicans swallow the House of Representatives, the Senate and the
» Fox News: Trump is the 47th president of America with 277 votes
» Morning list of dollar exchange rates in Iraqi stock exchanges
» Al-Araji and Al-Sabah at one table in Kuwait.. Discussing several files and issues
» Highlights of Trump's speech after winning the US presidential election
» Iraq and Saudi Arabia's trade achieves tangible convergence and investment cooperation
» Ports Authority notes the fate of the five berths in the Grand Faw Port
» MP: Why is the regional government fighting the civil banks war and leaving the core of the issue?
» Political researcher: The amendment will include sovereign ministries
» Retirement: End of service bonus paid to more than 7,000 retirees
» Al-Mashhadani stresses the importance of the role of the Audit Bureau in combating administrative an
» Al-Mashhadani and Al-Hakim discuss parliament’s approval of important laws
» Parliamentary consensus to pass controversial laws soon
» Currency Auction.. Increase in the Central Bank of Iraq’s sales of foreign remittances
» Interior Ministry dismantles 600 drug networks, electronic passport to be introduced soon - Press co
» utube 11/2/24 MM&C Report-Iraq 3 Presidents-National-Constitutional Entitlements-Open Market Operati
» Foreign Minister warns of major and dangerous economic repercussions
» Roadmap for Reform
» Government reshuffle looms over Al-Sudani’s cabinet.. The compass of change is heading towards 4 min
» Parliamentary move to legalize foreign labor in Basra
» Parliament intends to amend the retirement law and return the service age to 63 years
» Parliamentary move to question a senior official and complete procedures against the Minister of Com
» Legal expert explains the mechanism for forming the Kurdistan Regional Government
» Silk Road imposes a state of maximum alert suddenly
» Sheikh Raouf: There is an urgent need to find a constructive, corrective opposition in Kurdistan
» Green light from Baghdad to build the first waste recycling plant in eastern Iraq
» MP: Al-Mashhadani discussed 3 important files with parliamentary blocs
» MP: Al-Mashhadani's election will not affect the completion of legislation
» Parliamentary Oil: Investment in associated gas in fields exceeds 60%