Iraq's Foreign Loans Decreased To $9 Billion
Economy | 03:15 - 06/05/2024 Baghdad - Mawazine News The Iraqi government announced, today, Wednesday, that the value of foreign loans to Iraq decreased to about 9 billion dollars, after canceling about 31 loans from 2003 until the end of last year 2023.
The technical advisor to the Prime Minister, Muhammad Sahib Al-Daraji, said on the sidelines of an economic forum He resides in Baghdad and was followed by Mawazine News.
He said, “A specialized committee has been formed to reveal the amounts borrowed by Iraq from 2003 to the end of 2023, and to track the fate of this money and the projects that were completed thanks to these loans, and which are still under completion, and what are the faltering projects among them?” ".
He added, "Iraq was able to cancel about 31 external loans, leaving those loans worth 8 billion and 900 million dollars remaining," explaining that "these efforts aim to enhance transparency and monitor public spending, and ensure that loans are directed towards vital projects that contribute to developing the infrastructure." Infrastructure and basic services in the country.
He stressed that "the committee will continue its work to follow up on the use of the borrowed funds and ensure that the desired goals are achieved." https://www.mawazin.net/Details.aspx?jimare=249201
No comments:
Post a Comment