Iraq approached the International Monetary Fund to stop the payment of debt ... and no response!
The General Secretariat of the Council of Ministers revealed that there are overtures between the government and the International Monetary Fund to stop collecting the debts incurred by [You must be registered and logged in to see this link.] , pending a response.
"There is no response at the present time, and there are no claims for payment," said Alaa Al-Fahd, spokesman for the government media and government communications office in the municipality.
Al-Fahd explained: "The government, every year when it has a deficit, approached the World Bank to lend it in order to finance the budget, and this year there are many things that will be taken into consideration, as the United States proposed stopping the debt repayment at this stage, which is a good thing." , Noting: "The debt of [You must be registered and logged in to see this link.] to be paid to the IMF this year is estimated at more than 10 billion dollars."
He added: "The economy of Iraq is unstable, because it depends on oil by 95 percent and the remaining 5 cannot be collected now, because of the lack of taxes, fees, etc.", noting that the move does not include international cash only, but to stop deducting the debts of Kuwait and the entitlements of the Arab League, knowing that the total It is estimated at approximately 139 billion dollars.
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