Al-Kazemi’s advisor: The 2022 budget includes the payment of Iraq’s loans
The financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Saturday, that the federal financial budget for 2022 includes the payment of loans incurred by Iraq.
Saleh told {Euphrates News}, “The 2022 budget includes the repayment of loans owed by Iraq, and this is determined by the ratio of internal and external debt and is called debt service.”
He added: “Usually these amounts are calculated and included in the budget, and their amounts are determined, and the external debt is considered an important expenditure and is an important part of assessing Iraq’s credit wall.”
And he indicated that it “determines the country’s ability to pay debts, so this matter enjoys high management,” noting that “Iraq is keen to repay loans and has priority to pay out of respect for Iraq’s financial position, as it gives it credibility.”
