International Monetary Fund: Iraq’s debt will rise next year to 132.6 billion dollars 

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Economy News Baghdad:

The International Monetary Fund (IMF) announced on Wednesday that the Iraqi debt during the current year is 122.9 billion dollars, expected to rise next year to 132.6 billion dollars.

The International Monetary Fund said in a press statement read by the “Economy News” after the conclusion of the second review of the performance of the Iraqi economy under the credit agreement and Article IV consultations for 2017, “The Iraqi debt during the year 2017 amounted to 122.9 billion dollars and will rise in the next year to 132.6 billion dollars “He said.

He added that “external government debt is currently 67.5 billion dollars and will be next year 73.7 billion dollars,” pointing out that “government debt constitutes 63.8% of gross domestic product.”

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