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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

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    Al-Sudanese advisor for financial affairs comments on Iraq's $150 billion debt to the World Bank

    Rocky
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    Al-Sudanese advisor for financial affairs comments on Iraq's $150 billion debt to the World Bank Empty Al-Sudanese advisor for financial affairs comments on Iraq's $150 billion debt to the World Bank

    Post by Rocky Thu 31 Aug 2023, 4:53 am

    [rtl]Al-Sudanese advisor for financial affairs comments on Iraq's $150 billion debt to the World Bank[/rtl]

    economy  ,  2023/08/31 10:18  , Number of readings: 321 
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    [rtl]Baghdad - Iraq today:

    Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, said that Iraq's debts of more than 150 billion dollars to the World Bank are "exaggerated" and unreal, while he reviewed Iraq's debts as a whole in an attempt to explain the source of the figure that the World Bank spoke about.  [/rtl]
    [rtl] Saleh told the official news agency, "The issue of Iraqi public debt requires a professional distinction of its history and details, and not taking its numbers on their own without a clear logical analysis. The treasury is estimated when evaluated in foreign currency at about $54 billion, while the external debt payable until 2028 is estimated at about $23 billion, and there are debts due after the year 2028, so the external debt becomes about $30 billion.[/rtl]
    [rtl] which is an (exclusive) internal governmental matter. There is a strategy in dealing with this debt, especially since the monetary authority currently acquires about 64% of the total internal debt and has the ability to In managing it in coordination with financial policy and with high accuracy, bearing in mind that the banking system Annual obtains interest on that debt at a rate of 3%, and it falls within the annual allocations of the general budget. which is an (exclusive) internal governmental matter. There is a strategy in dealing with this debt, especially since the monetary authority currently acquires about 64% of the total internal debt and has the ability to In managing it in coordination with financial policy and with high accuracy, bearing in mind that the banking system Annual obtains interest on that debt at a rate of 3%, and it falls within the annual allocations of the general budget.[/rtl]
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    [/rtl]
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