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Iraq Vs. Debt Vs. UN chapter7
9/17/2015 0:00
BAGHDAD follow-up to the morning
Is it possible that the Iraqi economy is recovering? Is it possible to go beyond the state knot remains of ancient wars black and debts?
These questions put the Iraqi economy files multiple on the table always Bjrhaa, Iraqi debts Alkadimh- war that pushed them Saddam- system's debt turned out to be a big problem for any horizon for the development of economic balanced and true, there are those who say that Iraq's debt exceeded $ 25 billion, half of the Gulf states, nine of them to Saudi Arabia, which funded Saddam's wars, and today demanding retrieved !! And six dollars to Kuwait entitlement to Saddam's invasion of Kuwait, despite the fact that the Paris Club had been abolished years ago as many as 80 percent of Alarac.mhklh debts of Iraq's debt vague in the financial terms of reference, and in the characterization of the nature of the creditors, there are more than 13 000 commercial creditor from outside the Paris Club and those who pay them up to $ 21 billion, and the rest will be repaid bonds government due in 2028 that what he said Adnan al-Khalifa, financial expert at the Rafidain Bank, even though the proceedings brought on behalf of those creditors belonging mainly to before the events of the invasion of Kuwait in 1990, and this is what makes the subject of manipulation and fraud in this credibility Debt is improbable, especially in the claim by the concerned authorities in the UN Nations.
In proceedings under worsening economic crisis today as a result of lower oil prices, and the worsening of the physical pressure on Iraq, the Federal budget highlights a lot of endangered economic reality appearances, notably the fact the security challenges, and problems the displaced, and the widening violence in some provinces, and the effects of financial and administrative corruption and the fragility of the banking system, and the lack of diversity in the Iraqi resources and a weak tax system, and this of course will be more severe and signed with the Ministry of Finance to resort to borrowing from others like the World Bank or from Japan or elsewhere to cover the deficit budget, or to cover many of the expenses of strategic projects, the ministry says. !!
Parliamentarians in the Finance Committee say they do not have the precise statistics on the size of the debt, and that the stated numbers may be inaccurate, which means that Iraq will find himself in front of the problem of payment of the benefits of this debt until 2020 and that the debt will continue to weigh heavily on the economic structure, with the absence of any real deal
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9/17/2015 0:00
BAGHDAD follow-up to the morning
Is it possible that the Iraqi economy is recovering? Is it possible to go beyond the state knot remains of ancient wars black and debts?
These questions put the Iraqi economy files multiple on the table always Bjrhaa, Iraqi debts Alkadimh- war that pushed them Saddam- system's debt turned out to be a big problem for any horizon for the development of economic balanced and true, there are those who say that Iraq's debt exceeded $ 25 billion, half of the Gulf states, nine of them to Saudi Arabia, which funded Saddam's wars, and today demanding retrieved !! And six dollars to Kuwait entitlement to Saddam's invasion of Kuwait, despite the fact that the Paris Club had been abolished years ago as many as 80 percent of Alarac.mhklh debts of Iraq's debt vague in the financial terms of reference, and in the characterization of the nature of the creditors, there are more than 13 000 commercial creditor from outside the Paris Club and those who pay them up to $ 21 billion, and the rest will be repaid bonds government due in 2028 that what he said Adnan al-Khalifa, financial expert at the Rafidain Bank, even though the proceedings brought on behalf of those creditors belonging mainly to before the events of the invasion of Kuwait in 1990, and this is what makes the subject of manipulation and fraud in this credibility Debt is improbable, especially in the claim by the concerned authorities in the UN Nations.
In proceedings under worsening economic crisis today as a result of lower oil prices, and the worsening of the physical pressure on Iraq, the Federal budget highlights a lot of endangered economic reality appearances, notably the fact the security challenges, and problems the displaced, and the widening violence in some provinces, and the effects of financial and administrative corruption and the fragility of the banking system, and the lack of diversity in the Iraqi resources and a weak tax system, and this of course will be more severe and signed with the Ministry of Finance to resort to borrowing from others like the World Bank or from Japan or elsewhere to cover the deficit budget, or to cover many of the expenses of strategic projects, the ministry says. !!
Parliamentarians in the Finance Committee say they do not have the precise statistics on the size of the debt, and that the stated numbers may be inaccurate, which means that Iraq will find himself in front of the problem of payment of the benefits of this debt until 2020 and that the debt will continue to weigh heavily on the economic structure, with the absence of any real deal
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