A Government Source Announces The Size Of The Debts Collected For The Trade Bank Of Iraq

 A Government Source Announces The Size Of The Debts Collected For The Trade Bank Of Iraq

 Economy    Yesterday, 20:59  Baghdad – IA   A government source announced today, Thursday, the volume of debts collected for the Trade Bank of Iraq.

 Speaking to the Iraqi News Agency (INA), the source said,  “Within the framework of the effort made by the government in the field of financial and administrative reform of the government banking sector, and based on the directives and continuous follow-up of the Prime Minister to restructure the due debts (government and private sector), which benefits the Iraqi Bank.”

 For TBI Trade, the following results were achieved during the last period of the government’s life:

1. The total debts collected and owed by the government sector, including the balances of the Kurdistan region, and paid to the Iraqi Trade Bank until 6/30/2024 amounted to approximately one trillion and 630 billion Iraqi dinars.  He added,

 "2. The total debts collected and owed by the private sector and paid to the Iraqi Trade Bank until 6/30/2024 amounted to approximately three hundred and forty-eight billion Iraqi dinars,

 3. The total amounts collected to the Ministry of Finance IRAQ2 account, which represent expired and canceled credit balances, It amounted to approximately fifty-three million dollars.  He continued,

 "Work is continuing to settle other debts in this area, in coordination with the entities issuing those credits."    https://www.ina.iq/212001--630-.html