The financial advisor to the Prime Minister, Mazhar Mohammed Salih, revealed today, Sunday, the size of Iraq’s internal and external “debts”, while reassuring about “cash liquidity.”
Saleh told Al-Rabia, “The issue of Iraqi debts is often the subject of controversy, and not as a matter of reassurance as much as it is to highlight the strength of the Iraqi economy. The remaining external debts that must be paid are less than 10 billion dollars, and do not constitute a very small part of the gross domestic product.”
He added that “the internal debts were arranged in two periods: the first was the financial and security crisis between 2015 and 2017 during the war against ISIS terrorism, and the second was the Covid-19 period, which witnessed a financial and health crisis,” stressing that “the internal debts amount to about 50 billion dollars.”
faceiraq.org
