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Iraq invested 23 billion and 425 million dollars in US bonds

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Iraq invested 23 billion and 425 million dollars in US bonds

Thursday 14 April 2022 10:41 | economic    Number of readings: 260

Baghdad / NINA / -
The US Treasury announced today, Thursday, the Asian countries that own the most US bonds, indicating that the Arab countries' possession of these bonds in the Asian continent amounted to more than 244 billion dollars.

In its latest table, the Treasury said, "Asian countries have invested more money in US bonds than other countries in the five continents," noting that

"the total investment in these bonds amounted to 7 trillion, 661 million and 733 million dollars."

And she added, "What Asian countries own is the lion's share of it, with a sum of 3 trillion, 897 million and 145 thousand dollars, while the European countries came second, with a total of 2 trillion and 542 million and 726 thousand dollars, and then the North and South American countries came with a total of 844 billion and 103 million dollars."

Then came Australia and its neighboring islands with a total of 62 billion and 806 million, and finally the African countries with a total of 54 billion and 41 million dollars.

She explained that the total amount invested by the Arab Asian countries in US bonds amounted to 244 billion and 998 million dollars, noting that "Saudi Arabia" It came first with a value of 119 billion and 402 million dollars, followed by Kuwait with 50 billion and 578 million dollars, followed by the UAE with 44 billion and 788 million dollars, and then Iraq with 23 billion and 425 million dollars.
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