"Parliamentary Finance: Iraq's debt exceeded $ 100 billion"
Quote:
"Iraq's debt exceeded $ 100 billion, and divided by $ 35 billion internal debts and $ 70 billion in foreign debt, and came because of the government's borrowing to fill the budget deficit during the past three years"
...the $35 billion is part of the bonds that the CBI bought from the GOI, it was a workaround for the law preventing the CBI from loaning directly to the government. I've been watching these guys flounder around for the past two years, all the while the reserves are eroding. And still, no movement on the open market economy... News flash, Iraq, building your economy and creating trust in your banks takes years to get off the ground, you've wasted enough time. Iraq's credit rating will never improve with this type of financial performance. Your move, Abadi.
mike (Currency Chatter)
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
mike (Currency Chatter)
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru