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.]
» Parliamentary Finance Committee discusses amending the three-year budget
» utube 11/26/24 MM&C MM&C Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023,
» "Rich Iraq" seeks "money" to combat methane emissions: internal and external obstacles
» Increase in foreign remittance sales at the Central Bank of Iraq auction
» Its area is 2.5 million acres, and these are its details.. Work begins on a "large" residential city
» Kurdistan Finance delivers employees' salary schedule to the federal government
» Beggars are sweeping the streets of Iraq.. Their numbers are "large" and 90% of them receive welfare
» Settling tax trust claims
» Launching the National School Health Strategy
» Approval to implement service projects in Babylon
» New container handling berths at ports
» Work: Demand for registration in social security
» Reconstruction: Land Bank to be completed next year
» Aiming to enhance services in schools and prevent diseases, the National School Health Strategy for
» Karmian Festival witnesses the conclusion of commercial and industrial contracts
» Focus on the banking sector
» Minister of Trade: Studies Center is a turning point that serves the Iraqi economy
» Economists: Census is a roadmap for development
» Today's newspapers are interested in Al-Sudani's announcement that the population of Iraq exceeds 45
» International Development Bank: Today's incident was an extortion attempt that did not affect our wo
» thirty-sixth session, chaired by the Minister of Planning
» Closed meeting of the Parliamentary Finance Committee to discuss seven files
» The demographic boom in Iraq: an economic opportunity or a social burden?
» Al-Sudani confirms to Russian delegation Iraq's desire to establish a mechanism that brings mutual b
» Parliament holds its session headed by Al-Mashhadani and attended by 168 MPs
» The Iraqi government deducts 1% of the salaries of employees and retirees to donate to Gaza and Leba
» Iran announces its commitment to continuing gas exports to Iraq
» Iraq, Russia discuss energy cooperation
» British Home Secretary to visit Iraq tomorrow
» The next parliament will have 450 members.. Officially, Al-Sudani announces that the population of I
» US Ambassador Warns of 'Frightening Actions': Iraq Does Not Want to Be Drawn into Regional Conflict
» Planning: The announced census results are not preliminary and the number will increase
» Election “hype” begins early.. Al-Maliki insists on holding it and Al-Sudani prepares
» “No more delays”.. Parliament changes the mechanism of holding sessions: “Controversial” laws are re
» Al-Mashhadani to the heads of the blocs: I prefer to vote on the general amnesty law before anything
» Iraq ranks 8th in the Arab world in achieving work-life balance in 2025
» Labor announces issuance of more than a quarter of a million national cards for social protection be
» Iraqi-Chinese research on accelerating combined cycle power projects
» Al-Maliki praises the decision of the International Criminal Court and demands the resolution of the
» Al-Mashhadani calls for voting on the general amnesty law for the “oppressed” before other laws
» Yazan Mishaan Al-Habouri revolts against his "leak": There are those who obstruct the government's e
» US Ambassador: Ending the presence of the international coalition in Iraq is being implemented and w
» Al-Mashhadani directs to raise the suspended laws to the Presidency of the House of Representatives
» "His general situation is unbearable" .. Parliamentarian: Political consensus to keep Iraq away from
» Al-Sudani agrees to launch the “For Her” initiative to support Iraqi women
» Development Bank condemns extortion attempts: It will not affect our workflow
» Iraq-China oil-for-reconstruction deal faltering: A geopolitical shift in the Middle East
» Planning reveals the next step of the census: We will visit these families
» Parliamentary Finance Committee calls on the government to expedite sending the budget tables
» OPEC+ may extend oil cuts at its meeting next Sunday
» Parliamentary Integrity Committee discusses with the Director of Central Oil the file of contracts a
» Government notice regarding the legal status of foreign workers
» House of Representatives holds "important" session today.. Expectations of extending the legislative
» Slight rise in dollar prices against the dinar in Iraqi stock exchanges
» Baghdad "softens" and Kurdistan oil prepares to continue its global journey
» "For 5 million dinars or in installments" .. Iraqi electric cars soon on the streets
» Where did the Intelligence Bill get to in the House of Representatives?
» "Contract Suspicions Series"... What are the loopholes in the Korean air defense system contract in
» MP reveals latest developments in the formation of the new Kurdistan government
» Personal status: imposing a vision or turning Iraq into a copy similar to the Iranian religious regi
» Oral question to the governor.. Parliamentary movement regarding the “Basra, the Economic Capital of
» MM&C 11/25/24 Parliamentarian: We need to extend the legislative chapter to 8 sessions and the bud
» Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the e
» utube 11/25/24 MM&C MM&C Iraq News-CBI Building Final Touches-Oil Exports-Development Road-Turkey-B
» Parliamentary movement to include the salary scale in the next session
» Parliamentary Finance Committee reveals the budget paragraphs included in the amendment
» Al-Maliki calls on the Bar Association to hold accountable members who violate professional conduct
» Politician: The security agreement with America has many aspects
» Kurdistan Planning: More than 6 million people live in the region, the oldest of them is 126 years o
» Al-Alaq: Arab consensus on the role of central bank programs in addressing challenges
» Economics saves from political drowning
» Agriculture calls for strict ban on import of "industrial fats" and warns of health risks
» Iraq is the fourth largest oil exporter to China
» Railways continue to maintain a number of its lines to ensure the smooth running of trains
» Parliament resumes its sessions tomorrow.. and these are the most important amendments in the budget
» Bitcoin Fails to Continue Rising as It Approaches $100,000
» Minister of Planning: There will be accurate figures for the population of each governorate
» Popular Mobilization Law is ready for voting
» Mechanisms for accepting people with disabilities into postgraduate studies
» Government coordination to create five thousand jobs
» Transport: Next month, a meeting with the international organization to resolve the European ban
» Census is a path to digital government
» Calls to facilitate loans and reduce interest rates for the private sector
» The launch of the third and final phase of the "population census"
» Al-Sudani: We have accomplished a step that is the most prominent in the framework of planning, deve
» Justice discusses modern mechanisms to develop investment in real estate and minors’ money
» Dubai to host Arabplast exhibition next month
» Al-Tamimi: Integrity plays a major role in establishing the foundations of laws that will uphold jus
» Reaching the most important people involved in the "theft of the century" in Diyala
» Transportation: Completion of excavation works and connection of the immersed tunnel manufacturing b
» Between internal and regional challenges... Formation of the Kurdistan government on a "slow fire" a
» Kurdistan Region Presidency: We will issue a regional order to determine the first session of parlia
» The Minister of Foreign Affairs announces the convening of the Ambassadors Conference tomorrow, Mond
» Al-Sudani: Iraq must always be at the forefront
» Al-Mashhadani: We support the Foreign Ministry in confronting any external interference that affects
» Al-Sudani chairs meeting with Oliver Wyman delegation
» Half a million beggars in Iraq.. 90% of them receive welfare salaries
» Sudanese announces preliminary results of the general population and housing census in detail