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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq's internal debt exceeded 45.4 trillion dinars over 13 years

    Rocky
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    Iraq's internal debt exceeded 45.4 trillion dinars over 13 years Empty Iraq's internal debt exceeded 45.4 trillion dinars over 13 years

    Post by Rocky Thu 29 Dec 2016, 1:30 am

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    Iraq's internal debt exceeded 45.4 trillion dinars over 13 years


     Baghdad / peace Zidane 

    Official reports issued by the State of Iraq confirmed that the internal debt of Iraq since 2004 and until now has 45.4 trillion dinars, while the Economic Commission announced in the House of Representatives, that Iraq has allocated $ 5.6 trillion dinars to pay off the internal and external benefits of debt. 

    According to official reports published by the Central Bank site, which shared it with the "long", the internal debt of the country since 2004 until last November with a 45.4 trillion dinars , "asserting that" domestic debt in 2015 was of 32.1 trillion dinars , which means that the Iraqi government has borrowed during the current year 13.3 trillion dinars. " 
    said member of the Finance Committee in the House of Representatives, Magda Tamimi" long "," the increase internal and external public debt due to the fiscal policy , the wrong economic vision for the Iraqi government , "asserting that" the country entered revenue too big and did not put in the right place to activate the productive sectors and thus resorted to internal and external religions. " 
    Tamimi added that" the Iraqi government if the accounting spoilers for the country overcome the financial crisis , "adding that" monetary and fiscal policy has caused many problems for the country 's economy , "indicating that "external debt of the country roughly estimated at $ 100 billion." on 
    the other hand, said a member of the economic Committee in the House of Representatives, Knight Knight, "long" that "Iraq 's internal and foreign loans have not yet seen the size but estimated to be very large and the evidence that the Iraqi government has allocated the amount of 5.6 trillion dinars in the 2017 budget to pay interest on that debt , "adding that" this amount does not include the Kuwaiti government imposed by the UN on Iraq 's debt compensation as compensation for its invasion of Iraq. " 
    He jockey that " the Iraqi government resorted to the easy option , which is the religion of the international and domestic institutions and this procedure is wrong , " noting that "fiscal policy for Iraq suffer from Ktarhofkd correct vision problems in achieving comprehensive development and activating the role of the productive sectors of the private sector." 
    The member of the parliamentary economic committee that "corruption is still rampant in state institutions , and this affects the debt repayment may lead to add more debt." And was a member of the economic and investment commission in the House, Nora Albjara said in an interview (long - Presse) that "worried about the loans received by Iraq from international financial institutions , the Commission, for fear of inability to Iraq from fulfilling those loans," warning that " the face of Iraq conditions economic similar to those prior to 2003, where he was suffering from the debt accumulation of up to 125 billion dollars. " 
    Albjara added that "Iraq is facing another problem is the mechanism of the distribution of loans to the provinces of Iraq and how to achieve justice in the distribution." 
    On the other hand, the economist said, Maitham Laibi "long", " The domestic debt number is very large and is a burden on the state budget , " stressing that " the debt must be paid by the government and cause a burden added to the federal budget as part of our expenses went to pay off debt and benefits. " 
    Laibi He added that " the new loans they receive in Iraq in the coming period will go in part to the payment of internal and external debt , " adding that " the debt affect the ability of the state to direct its resources towards development and investment areas also affect the future generation 's share of the wealth, because subsequent generations It is will bear the burden of false consumer policies of the current generation. " Iraq and adopted in recent years to bridge the fiscal deficit through internal and external borrowing , making it entered into an agreement with the International Monetary Fund during the current year to borrow $ 5.4 billion in addition to the Fund will be a guarantor for Iraq to obtain other loans is estimated at 18 billion dollars from Arab and foreign countries.
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