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


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    7% of the 2021 budget spending will be paid by the government as debt, but it will remain for Iraq .

    Rocky
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    • Post n°1

    7% of the 2021 budget spending will be paid by the government as debt, but it will remain for Iraq . Empty 7% of the 2021 budget spending will be paid by the government as debt, but it will remain for Iraq .

    Post by Rocky Tue 27 Apr 2021, 7:44 am


    [size=30]7% of the 2021 budget spending will be paid by the government as debt, but it will remain for Iraq ... How?

    2021-04-27
    [/size]
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    Yes Iraq: Baghdad

    The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed, today, Monday, that the total foreign debt owed by Iraq ranges between 23-25 ​​billion dollars.
    Saleh explained in a statement to the official agency, that “Iraq's payable debts are those that were reduced by the Paris Club agreement and are called pre-1999 debts, and debts achieved during the financial crisis and the war on ISIS terrorist gangs, including remnants of Kuwait's compensation, all ranging between 23-25 ​​billion dollars. “.
    He added, "The remnants of Iraq's compensation to Kuwait did not exceed two billion dollars."
    With regard to debt interest, Saleh said, "The number related to the so-called debt service allocations, ie the annual interest and installments payable, was estimated in the federal budget for the year 2021 at about 9 trillion dinars, which represents 7% of the total spending in the aforementioned general budget."
    Saleh emphasized that, "This percentage is not allocated to foreign debts only, but most of it is allocated to internal debts, which amount to about 70 trillion dinars," noting that "these debts represent the debt of the government banking system to the Ministry of Finance."
    He pointed out, "These quotas allocated to public debt are taken over by internal debts at a rate of more than 60% of the total allocations for public or government debt service in the 2021 general budget, and that they are payments from the government to the government."
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