Although Suffering From A Severe Financial Crisis , Making It Resort To Borrowing
GMT 20:26 2017 Saturday , March 18 / March
Iraq’s natural resources
BAGHDAD – Najla Tai
Occupies Iraq , it ranked ninth among the richest ten countries in the world, with natural resources .According to a list prepared by the site “” http://www.worldknowing.com, for more than ten countries rich in natural resources, Russia ranked first, with more than $ 75 trillion, the United States, followed by more than $ 45 trillion, then Saudi Arabia “more than $ 34 trillion,” Canada is “more than $ 33 trillion,” Iran “more than $ 28 trillion,” China “more than $ 23 trillion,” and Brazil “more than $ 21 trillion,” then Australia “more than $ 75 trillion,” and then Iraq ” more than $ 14 trillion, “and finally Venezuela” more than $ 14 trillion. “
Although Iraq occupies this place among the richest countries in natural resources, but mismanagement and financial corruption, insecurity and instability and its dependence on only oil resources, and many other factors, have made Iraq is suffering from a severe financial crisis, and resort to borrowing to secure its employees’ salaries.