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US Treasury: Iraq is at the forefront of the most bond-buying countries
Economical 2023/02/26
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Iraq ranked first among the Arab countries that purchased the most US bonds during the past year 2022.
And the US Treasury Department said in a statistic on its official website that “Iraq bought US bonds during the past year 2022, starting from January to December, at an amount of $ 18.31 billion, with a growth rate of 81.38%, and its possession amounted to $ 40.814 billion, and it ranked first among the Arab countries that were The most buying of US bonds over the past year.
The Treasury added, "The UAE came second by purchasing bonds during one year at $13.7 billion, with a growth of 30.51%, followed by Kuwait, by purchasing $2.1 billion, with a growth of 4.53%, followed by Saudi Arabia by purchasing $700 million, with a growth of 0.59%."
She pointed out that "Saudi Arabia was the most Arab country in possession of US bonds, with a value of $119.709 billion, followed by the UAE with $58.50 billion, followed by Kuwait with $48.522 billion, followed by Iraq with $40.814 billion, followed by Oman with $6.860 billion."
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