Home
[size=35][size=35]Here are the countries that borrow the most from the International Monetary Fund.. Is Iraq among them?[/size]
[You must be registered and logged in to see this link.]
[/size]
[You must be registered and logged in to see this link.][/size]
2024-04-07 | 04:27
[You must be registered and logged in to see this image.]
[/size]
Source:
[You must be registered and logged in to see this link.]
457 views
[ltr]
0 seconds of 0 seconds Volume 0%
[/ltr]
However, with the confusion it caused as a result of the economic crises that struck countries after resorting to it, we review in this topic the countries that borrow most from the International Monetary Fund, including Arab countries.
Which countries borrow the most from the International Monetary Fund?..a question that is frequently asked by many people, and is answered by the official website of the central institution, which is headquartered in Washington, United States of America.
The IMF publishes constantly updated statistics on the volume of loans to all member countries, and its last update was on April 4th.
Based on these statistics, we can compile a list of the countries most indebted to the IMF in descending order.
It should be noted that the International Monetary Fund relies in its calculations on what are called “Special Drawing Rights,” which are international reserve assets that are not a currency in themselves, but their value depends on a basket consisting of 5 currencies: the US dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound sterling.
According to the IMF's official website, each Special Drawing Right is equivalent to about $1,325.
*The countries that borrow the most from the International Monetary Fund.
Here is the ranking of the 10 countries that borrow the most from the International Monetary Fund in the world on April 4, 2024, according to statistics published on its official website:
Argentina: $43 billion.
Egypt: $14.93 billion.
Ukraine: $12 billion.
Pakistan: $7.74 billion.
Ecuador: $7.72 billion.
Colombia: $4.34 billion.
Angola $4 billion.
Kenya: $3.4 billion.
South Africa $3 billion.
Ghana: $2.74 billion.
*The African countries most indebted to the International Monetary Fund as of April 4, 2024:
Egypt, $14.93 billion.
Angola $4 billion.
Kenya: $3.4 billion.
South Africa $3 billion.
Ghana: $2.74 billion.
Ivory Coast: $2.64 billion.
Morocco: $2.1 billion.
Nigeria $2 billion.
Democratic Republic of the Congo: $1.9 billion.
*The Arab countries most indebted to the International Monetary Fund as of April 4, 2024:
Egypt, $14.93 billion.
Morocco: $2.1 billion.
Jordan: $1.98 billion.
Tunisia: $1.47 billion.
Sudan: $1.3 billion.
Mauritania: $343.27 million.
Somalia: $95.4 million.
Djibouti: $42.1 million.
Comoros: $24 million.
Yemen: $6.43 million.
* Ranking of the most indebted countries compared to GDP.
The official website of the International Monetary Fund also published statistics on the ratio of central government debt to GDP for the year 2022, noting that there are some countries for which there are no data, such as Lebanon - whose ratio was mentioned in another World Bank report - and Egypt. Syria and others.
Based on those statistics, this is the ranking of the 10 countries with the most debt compared to GDP:
Japan 214.27%.
Greece 192.41%.
Lebanon 179.2%.
Eritrea 163.77%.
Italy 140.57%.
Singapore 135.86%.
Laos 128.51%.
Sudan 127.5%.
Cape Verde 127.41%.
Barbados 126.83%.
*The top 10 Arab countries in the ratio of central debt compared to GDP
is Lebanon, 179.2%.
Sudan 127.5%.
Bahrain 117.59%.
Jordan 89:42%.
Yemen 73.53%.
Morocco 68.79%.
Algeria 52.4%.
Qatar 45.31%.
Iraq 43.3%.
Oman 40.15%.
*What they said about the IMF
The “A-Z Quotes” website, which specializes in conveying remarkable statements in various fields, published a report on the most prominent quotes of celebrities about the International Monetary Fund, according to the following:
- “The world is governed by institutions that are not democratic, such as the World Bank, the International Monetary Fund, and the World Trade Organization.” (The late Portuguese writer José Saramago).
“The pressure exerted by the International Monetary Fund is very useful to me to push for this reform. In this sense, I think the IMF is very useful to a space society.” (The late South Korean President Kim Dae-jung).
- “The interests of the International Monetary Fund represent the major international interests that currently seem to be entrenched and concentrated on Wall Street” (Che Guevara, the late Argentine Marxist activist).
“Muslim leaders swallow the advice of Western powers and bodies such as the International Monetary Fund and the World Bank, even though they know of its bad consequences for their people” (Indonesian Islamic preacher Abu Bakar Ba’asyir).
“I believe that the International Monetary Fund helped spark the Indonesian crisis” (American economist Jeffrey Sachs).
“The culture of death is imposed by economic and political interests, the arrogance of power, and corruption. I blame the first world for taking our wealth over many years. I am talking about the superpowers that control the life of the world, especially the World Bank and the International Monetary Fund. They have caused and tolerated the death of our peoples. "These people are responsible for the plunder of the Third World. Silence is also part of oppression." (Guatemalan human rights activist Rigoberta Menchu).
“Neoliberal programs in Egypt mean statistical growth, as was the case before the Arab Spring. Egypt has been like a poster child for the World Bank and the International Monetary Fund in terms of great economic management and great reforms. The only problem is that this has dealt most of the population a blow to the core. “Wages fall, benefits are eliminated, and subsidized food disappears. This coincides with great centralization of wealth and a great deal of corruption.” (The famous American philosopher Noam Chomsky).
“The IMF economists were undoubtedly shocked by the miserable failure of their prescriptions over the years, and the collapse of the intellectual edifice of economic theory on which they relied.” (The famous American philosopher Noam Chomsky).
“The International Monetary Fund is like an international mafia syndicate. They are like loan sharks of last resort,” said American economic analyst Gerald Cilenti.
*Suharto
The Asia Times newspaper, which is based in Hong Kong, published a report on the painful fate of the late Indonesian leader Suharto, whose long reign as president of the Asian country was led by the International Monetary Fund.
The English-language newspaper said, "On June 15, 1998, in the midst of the deep Asian financial crisis, the IMF was finally able to twist Suharto's arm and force him to sign a financial rescue package worth $43 billion."
She continued, "Just 4 months after that date, this loan effectively contributed to the collapse of the Suharto regime, which lasted 32 years."
Secret documents revealed that then US President Bill Clinton played a role in convincing Suharto to accept the austerity measures imposed by the International Monetary Fund. This led to a terrible collapse of the Indonesian currency, as the dollar became worth more than 16,000 rupees after it had been touching the level of 2,500.
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
[/size]
Economy
[size][size][You must be registered and logged in to see this link.][/size]
2024-04-07 | 04:27
[You must be registered and logged in to see this image.]
[/size]
Source:
[You must be registered and logged in to see this link.]
457 views
[ltr]
0 seconds of 0 seconds Volume 0%
[/ltr]
However, with the confusion it caused as a result of the economic crises that struck countries after resorting to it, we review in this topic the countries that borrow most from the International Monetary Fund, including Arab countries.
Which countries borrow the most from the International Monetary Fund?..a question that is frequently asked by many people, and is answered by the official website of the central institution, which is headquartered in Washington, United States of America.
The IMF publishes constantly updated statistics on the volume of loans to all member countries, and its last update was on April 4th.
Based on these statistics, we can compile a list of the countries most indebted to the IMF in descending order.
It should be noted that the International Monetary Fund relies in its calculations on what are called “Special Drawing Rights,” which are international reserve assets that are not a currency in themselves, but their value depends on a basket consisting of 5 currencies: the US dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound sterling.
According to the IMF's official website, each Special Drawing Right is equivalent to about $1,325.
*The countries that borrow the most from the International Monetary Fund.
Here is the ranking of the 10 countries that borrow the most from the International Monetary Fund in the world on April 4, 2024, according to statistics published on its official website:
Argentina: $43 billion.
Egypt: $14.93 billion.
Ukraine: $12 billion.
Pakistan: $7.74 billion.
Ecuador: $7.72 billion.
Colombia: $4.34 billion.
Angola $4 billion.
Kenya: $3.4 billion.
South Africa $3 billion.
Ghana: $2.74 billion.
*The African countries most indebted to the International Monetary Fund as of April 4, 2024:
Egypt, $14.93 billion.
Angola $4 billion.
Kenya: $3.4 billion.
South Africa $3 billion.
Ghana: $2.74 billion.
Ivory Coast: $2.64 billion.
Morocco: $2.1 billion.
Nigeria $2 billion.
Democratic Republic of the Congo: $1.9 billion.
*The Arab countries most indebted to the International Monetary Fund as of April 4, 2024:
Egypt, $14.93 billion.
Morocco: $2.1 billion.
Jordan: $1.98 billion.
Tunisia: $1.47 billion.
Sudan: $1.3 billion.
Mauritania: $343.27 million.
Somalia: $95.4 million.
Djibouti: $42.1 million.
Comoros: $24 million.
Yemen: $6.43 million.
* Ranking of the most indebted countries compared to GDP.
The official website of the International Monetary Fund also published statistics on the ratio of central government debt to GDP for the year 2022, noting that there are some countries for which there are no data, such as Lebanon - whose ratio was mentioned in another World Bank report - and Egypt. Syria and others.
Based on those statistics, this is the ranking of the 10 countries with the most debt compared to GDP:
Japan 214.27%.
Greece 192.41%.
Lebanon 179.2%.
Eritrea 163.77%.
Italy 140.57%.
Singapore 135.86%.
Laos 128.51%.
Sudan 127.5%.
Cape Verde 127.41%.
Barbados 126.83%.
*The top 10 Arab countries in the ratio of central debt compared to GDP
is Lebanon, 179.2%.
Sudan 127.5%.
Bahrain 117.59%.
Jordan 89:42%.
Yemen 73.53%.
Morocco 68.79%.
Algeria 52.4%.
Qatar 45.31%.
Iraq 43.3%.
Oman 40.15%.
*What they said about the IMF
The “A-Z Quotes” website, which specializes in conveying remarkable statements in various fields, published a report on the most prominent quotes of celebrities about the International Monetary Fund, according to the following:
- “The world is governed by institutions that are not democratic, such as the World Bank, the International Monetary Fund, and the World Trade Organization.” (The late Portuguese writer José Saramago).
“The pressure exerted by the International Monetary Fund is very useful to me to push for this reform. In this sense, I think the IMF is very useful to a space society.” (The late South Korean President Kim Dae-jung).
- “The interests of the International Monetary Fund represent the major international interests that currently seem to be entrenched and concentrated on Wall Street” (Che Guevara, the late Argentine Marxist activist).
“Muslim leaders swallow the advice of Western powers and bodies such as the International Monetary Fund and the World Bank, even though they know of its bad consequences for their people” (Indonesian Islamic preacher Abu Bakar Ba’asyir).
“I believe that the International Monetary Fund helped spark the Indonesian crisis” (American economist Jeffrey Sachs).
“The culture of death is imposed by economic and political interests, the arrogance of power, and corruption. I blame the first world for taking our wealth over many years. I am talking about the superpowers that control the life of the world, especially the World Bank and the International Monetary Fund. They have caused and tolerated the death of our peoples. "These people are responsible for the plunder of the Third World. Silence is also part of oppression." (Guatemalan human rights activist Rigoberta Menchu).
“Neoliberal programs in Egypt mean statistical growth, as was the case before the Arab Spring. Egypt has been like a poster child for the World Bank and the International Monetary Fund in terms of great economic management and great reforms. The only problem is that this has dealt most of the population a blow to the core. “Wages fall, benefits are eliminated, and subsidized food disappears. This coincides with great centralization of wealth and a great deal of corruption.” (The famous American philosopher Noam Chomsky).
“The IMF economists were undoubtedly shocked by the miserable failure of their prescriptions over the years, and the collapse of the intellectual edifice of economic theory on which they relied.” (The famous American philosopher Noam Chomsky).
“The International Monetary Fund is like an international mafia syndicate. They are like loan sharks of last resort,” said American economic analyst Gerald Cilenti.
*Suharto
The Asia Times newspaper, which is based in Hong Kong, published a report on the painful fate of the late Indonesian leader Suharto, whose long reign as president of the Asian country was led by the International Monetary Fund.
The English-language newspaper said, "On June 15, 1998, in the midst of the deep Asian financial crisis, the IMF was finally able to twist Suharto's arm and force him to sign a financial rescue package worth $43 billion."
She continued, "Just 4 months after that date, this loan effectively contributed to the collapse of the Suharto regime, which lasted 32 years."
Secret documents revealed that then US President Bill Clinton played a role in convincing Suharto to accept the austerity measures imposed by the International Monetary Fund. This led to a terrible collapse of the Indonesian currency, as the dollar became worth more than 16,000 rupees after it had been touching the level of 2,500.
[You must be registered and logged in to see this link.]
» Ports Authority notes the fate of the five berths in the Grand Faw Port
» MP: Why is the regional government fighting the civil banks war and leaving the core of the issue?
» Political researcher: The amendment will include sovereign ministries
» Retirement: End of service bonus paid to more than 7,000 retirees
» Al-Mashhadani stresses the importance of the role of the Audit Bureau in combating administrative an
» Al-Mashhadani and Al-Hakim discuss parliament’s approval of important laws
» Parliamentary consensus to pass controversial laws soon
» Currency Auction.. Increase in the Central Bank of Iraq’s sales of foreign remittances
» Interior Ministry dismantles 600 drug networks, electronic passport to be introduced soon - Press co
» utube 11/2/24 MM&C Report-Iraq 3 Presidents-National-Constitutional Entitlements-Open Market Operati
» utube 11/5/24 MM&C MM&C News Report-ICC-Investors-RIYADA BANK-Port of Faw-3 Presidents Seated-Removi
» Foreign Minister warns of major and dangerous economic repercussions
» Roadmap for Reform
» Government reshuffle looms over Al-Sudani’s cabinet.. The compass of change is heading towards 4 min
» Parliamentary move to legalize foreign labor in Basra
» Parliament intends to amend the retirement law and return the service age to 63 years
» Parliamentary move to question a senior official and complete procedures against the Minister of Com
» Legal expert explains the mechanism for forming the Kurdistan Regional Government
» Silk Road imposes a state of maximum alert suddenly
» Sheikh Raouf: There is an urgent need to find a constructive, corrective opposition in Kurdistan
» Green light from Baghdad to build the first waste recycling plant in eastern Iraq
» MP: Al-Mashhadani discussed 3 important files with parliamentary blocs
» MP: Al-Mashhadani's election will not affect the completion of legislation
» Parliamentary Oil: Investment in associated gas in fields exceeds 60%
» IMF: Foreign investment outperforms sovereign funds in generating growth in Gulf
» Categories exempted from the curfew in the population census.. Get to know them
» Kurdish investment trend in central and southern Iraq.. What are the reasons?
» Iraq exports more than 6 million barrels of oil to America in a month
» The Private Banks Association supports the Prime Minister’s directives to localize private sector em
» Parliamentary confirmation to support financial oversight in combating corruption
» Next Sunday.. Celebrating Baghdad Day
» Sayyid Sistani's commandments
» New services for health insurance subscribers
» Al-Sudani directs ministries to leave (cash)
» Mr. Sistani sets a roadmap for Iraq’s prosperity
» OPEC+ postpones production increase
» Government Advisor to {Sabah}: Turkish companies’ expertise has given them importance in implementin
» The future of smart cities in Iraq is on the table for discussion
» Expectations of achieving agricultural self-sufficiency within 3-5 years
» Ministry of Agriculture: Launches the Electronic Inquiry System Service
» Electricity contract employees demonstrate in Maysan to demand permanent employment
» The Council of Ministers holds its regular session headed by Al-Sudani
» Iraqi oil exports to America amounted to more than 6 million barrels during the past month
» Launching the major national campaign to raise awareness of the Social Security Law
» Private Banks Association: We support the Prime Minister’s directives to localize private sector emp
» Parliamentary Committee: The Social Security Fund has become sovereign and the legislation of the la
» Britain launches programme inside Iraq to combat 'Kurdish human trafficking gangs' in France
» Warnings of delay in forming the regional government: will push regional and international parties t
» Dollar prices rise again in Baghdad Stock Exchange and Exchanges
» Al-Sudani praises the assistance provided by the United Nations mission to Iraq in facing challenges
» The Private Banks Association announces its support for Al-Sudani’s approach to localizing private s
» Interior: We have achieved a very significant decrease in crime rates across the country
» The Private Banks Association announces its support for Al-Sudani’s approach to localizing private s
» Iraq, Saudi Arabia sign MoU for military cooperation, boost bilateral ties
» Transportation: Direct flights to 4 global cities
» Prime Minister stresses importance of Mr. Sistani's diagnosis of Iraq's needs
» “To enhance national security”.. Parliamentary Committee: Intelligence Service Law is ready to be pr
» Optimism for a bountiful agricultural season.. Kurdistan Region records record high rainfall amounts
» Al-Sistani’s “Seven Commandments” occupy Iraqi politics.. A reading of the position of the authority
» As the date approaches, will Article 140 hinder the population census?
» Prime Minister directs unification of efforts in the Iraqi Media Network
» “Framework” coups with Sunni facades on the map of local governments in preparation for the 2025 ele
» Parliament intends to extend the legislative session for a month
» Difficult tests facing Parliament.. What are the scenarios for the remainder of the current session?
» Parliamentary Security: Iran will launch a new strike against “Israel” within a short period.. What
» Barzani to Romanowski: We have started negotiations to form the tenth government and no veto on any
» Al-Sudani directs the localization of private sector salaries and sets a date for the departure of c
» Bakhtiar Haji meets a delegation from the General Directorate of Civil Defense in the Kurdistan Regi
» New Cities Authority sets timeframes for project completion, reveals details of its services
» Oil announces completion of drilling and rehabilitating 15 wells during the past month
» Ministerial Council for Economy: Taking the necessary measures and decisions that contribute to mark
» Parliamentary Legal: There is a trend to extend the legislative term of Parliament
» What is the truth about extending the legislative term of the House of Representatives?
» The "Freedom of Demonstration" Law is Ready for Voting.. How Was It Amended?
» Mr. Al-Sadr on the US elections: It is shameful for an Arab to pin his hopes on a senile or insane p
» Laws stuck hostage to disputes between blocs
» Doubts after the decline in power supply at the beginning of each month.. Is there a deal between ge
» Integrity and the Financial Supervision Bureau agree to activate the cooperation agreement between t
» Al-Mashhadani faces 170 suspended laws.. Will they be approved or deported?
» Parliamentary demands to cancel the security agreement with Washington
» MP: Oil derivatives smuggling has decreased by 80% in Iraq
» After years of controversy, the Minority Protection Act is submitted for the first reading
» Al-Sayhoud: The ministerial reshuffle is useless for several reasons
» Iraqi government makes changes to the General Secretariat: Al-Juhaishi succeeds Al-Halbousi
» Extension of the legislative term of the Iraqi parliament for an additional month to pass laws
» Prime Minister: The necessity of strengthening Iraq's position to be at the forefront of the region'
» Parliamentary Transportation: We are determined to pass the Civil Aviation Authority Law
» Baghdad Council: Study of the reality of companies applying to implement projects
» Water Resources announces its control over the oil slick in the Tigris River
» Reconstruction: A new government vision for distributing serviced lands among those entitled to them
» Parliamentary Immigration Committee demands increasing the amount of the return grant
» Accreditation of specialized graduates to support quality control
» Heritage markets and buildings in Mosul after its reconstruction
» Specialized committee to ensure acceptance of cybersecurity outputs
» The Ministry of Interior issues mechanisms to regulate the work of private security companies
» Baghdad Council: Study of the reality of companies applying to implement projects
» Welcome to the trends of establishing an administrative capital
» Securities trade more than 88 billion shares