Parliamentary Finance Committee said Monday that Iraq is able to pay off the debts of his trust, as pointed to the high rating of Iraq Antmaiaa by international agencies.
The committee member said Jabbar al-Abadi, in a statement, received / scales News /, a copy of it, that "Iraq is unable to repay his trust being fulfilled its debt and proof of this high rating Iraq credit rating by international agencies," noting that "the debt Iraq owes earlier, most of the amount borrowed this little government as well as the loans taken not only for the purpose of operational projects, but investment was to be able to pay off the debt. "
He pointed Abadi, that "the mechanism of the Government was clear that these amounts for investment projects be for the government to fulfill its obligations," pointing out that "the debt was low and comfortable benefits of good by and from institutions and international banks to support the budget."
He said that "some are trying to link the public debt of Iraq, the current government and the current circumstances, but the public debt of the country is estimated at $ 111 billion and external debt stood up in 2014 nearly 56-billion, but after that date, Iraq has borrowed up to 12 billion only been borrowed externally "noting that" the $ 56 billion each year before 2003 and amounted to about 41 billion,.
debt outside the Paris Club was not subject to the settlement that has been in the club and that most of the countries that have been leveraged from it did not call them until the moment. "
He noted Abadi, according to the statement, that "the remaining debt up to 40 billion, or slightly less than an internal debt was up to 50% before 2014," noting that "the amount realized from 2014 until 2016 came to pay self-financing money-losing salaries of companies"
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