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[size=36]To about 70%.. Expectations of a decrease in the public debt ratio for Iraq in 2021[/size]
Economie| 12:36 - 09/18/2021
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Follow-up - Mawazine News
The International Monetary Fund revealed, on Saturday, its expectations that the ratio of Iraq's public debt to GDP will touch 70% during 2021.
The Fund said in a table seen by "Mawazine News", that "the ratio of public debt to gross domestic product For Iraq, it reached 81.2% during the year 2020, and it is expected that it will “reduce for the current year 2021 to 69.7 percent.”
He added that "the decline in debt in Iraq comes after the rise in global oil prices after their decline during the past two years, which enabled Iraq to pay part of its public debts."
The fund pointed out that "Sudan ranked first in the Arab world in the highest debt ratio compared to its GDP, with 262.5% in 2020, followed by Lebanon second with 154.4%, and then Bahrain third with 132.9%."
He added that "Egypt came fourth with a debt ratio of 90.2% compared to its GDP, Jordan comes fifth with 88.5%, then Tunisia comes sixth with 87.6%, then Yemen with 83.2 and Iraq is eighth." Ended 29/A 4
The International Monetary Fund revealed, on Saturday, its expectations that the ratio of Iraq's public debt to GDP will touch 70% during 2021.
The Fund said in a table seen by "Mawazine News", that "the ratio of public debt to gross domestic product For Iraq, it reached 81.2% during the year 2020, and it is expected that it will “reduce for the current year 2021 to 69.7 percent.”
He added that "the decline in debt in Iraq comes after the rise in global oil prices after their decline during the past two years, which enabled Iraq to pay part of its public debts."
The fund pointed out that "Sudan ranked first in the Arab world in the highest debt ratio compared to its GDP, with 262.5% in 2020, followed by Lebanon second with 154.4%, and then Bahrain third with 132.9%."
He added that "Egypt came fourth with a debt ratio of 90.2% compared to its GDP, Jordan comes fifth with 88.5%, then Tunisia comes sixth with 87.6%, then Yemen with 83.2 and Iraq is eighth." Ended 29/A 4
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