Militia Man
Key point, Iraq has very little external debt based off her income streams, non-oil, oil, she's got a lot of money. $20 billion [external debt] isn't a whole lot of money in comparison to what they have income wise.
Article: "Central Bank governor, foreign reserves exceeded 140% of local currency issues which amounts to about 100 trillion dinars...Iraq's external debt currency amounts to only $20 billion." That's very good...Bottom line is they are moving forward.