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Source: the country is obliged to pay the external debt of up to $ 4 billion
On: Friday 1/27/2012 7:00
BAGHDAD / agencies
informed source said that Iraq is obliged to pay more than four billion dollars this year alone, mostly foreign debt, the source added to the Baghdadi News that the government added a paragraph in the current year budget showing the international financial obligations for the year,
Stressing that there are a lot of commitments and diplomatic efforts were delayed past years. The source continued that one of the reasons for the high amounts of the public budget is the accrued liability that must fulfill, and that an amount of five hundred and fifteen billion dinars for the value of the benefits of foreign loans and the Interior and the amount of five hundred and fifty billion dinars for the benefits of loans of employees of ministries and transfers to electricity projects. It should be noted that the official foreign debt owed by Iraq for several countries amounted to more than one hundred and twenty-three billion dollars.
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