Iraq's debts in the budget of 2019

Iraq's debts in the budget of 2019

2018/11/8 11:44



{Baghdad: Al Furat News} revealed a legal expert, on the volume of debt owed by Iraq.
"As a numerical table in the proposed budget bill 2019, it is clear to any follower that Iraq is drowning in its debts and the benefits of previous debts, which could reach the extent that it would lose more than15% of its budget to repay these debts. Without the rise of oil prices, It would have been possible that these debts and their payments take up to 70% of Iraq's annual budget. "
"If logic and fairness were the factor in Iraq, we would have reached a logical conviction to eradicate and eradicate all minds that have brought the country into this situation."
Al-Asadi pointed to "a simplified part of the disaster (debt) of the interest of loans and the benefits of collateral for repayment and repayment installments. The repayment of the interest of loans and debt installments and interest of the guarantee on Iraq for the next year 12770 billion dollars, as follows:
1. World Bank 151 billion dinars, or 125 million $
2. International Monetary Fund 70 billion dinars, or 58 million dollars
3. GICA 45 billion dinars, or 37 million dollars
4. Italian 1.9 billion dinars, a million and 500 thousand dollars
5. Islamic Development Bank 3 billion dinars ie two and a half million dollars.
6. Bank of Japan 16 billion dinars, ie $ 13 million.
7. Deutsche Bank 15 billion dinars, a $ 12.5 million.
8. US bank 290 billion dinars, ie $ 240 million.
9. British bank 37 billion dinars, or $ 30 million.
10. Swedish bank 8 billion dinars, ie $ 6.6 million.
11. Bank of China 15 billion dinars , 12.5 million dollars
12 - German company Siemens 16 billion dinars, or 13.3 million USD
13 - Guarantee exports 59.46 billion dinars, or 49.5 million USD
14 - Sovereign guarantees 19.266 billion dinars, or 15 million dollars
15. The French bank 5.5 billion dinars.
16. International Fund for Agricultural Development (IFAD).
17. The Saudi loan interest is 1.8 billion dinars.
18 - The interest of the Kuwaiti loan 5 billion dinars.
19 - The benefits of the Italian loan {ICA} 28 billion dinars.
20 - Benefits of the Arab Fund for Economic Development, 129.465 billion dinars.
21. The benefits of housing loans for employees in liberated areas 20 billion dinars.
22. Benefits of external debt restructuring Paris Club 207.559 billion dinars.
23. The benefits of debt restructuring outside the Paris Club are 225.600 billion dinars.
24 - Benefits of the Arab Monetary Fund's receivables 838 million dinars.
25 - The interest of bonds to extinguish the debts of the private sector abroad 191.484 billion dinars.
26 - The interest of foreign debt bonds 117 billion dinars.
27 - The benefits of treasury transfers 65 billion dinars.
28 - The benefits of old treasury transfers 70 billion dinars.
29- The benefits of treasury transfers under the legal reserve are 38 billion dinars.
30 - The benefits of treasury transfers according to the transfer of the Iraqi Bank for Trade 40 billion dinars.
31 - The benefits of treasury transfers under the transfer of financing of oil companies 80 billion dinars. 32 - The benefits of treasury transfers discounted by the Central Bank 850 billion dinars. 33. The benefits of treasury transfers through the pension fund are 13 billion dinars.
34. The interest of the loans of resolution 314 for the year 2014 1 {1.4} billion dinars.
35 - The benefits of loans granted by the Iraqi Bank for Trade 48 billion dinars.
36 - The benefits of national bonds 200 billion dinars.
37- The benefits of treasury remittances by resolution 50 of 2014 {120} billion dinars.
38- The benefits of treasury transfers No. (74 and 70) for the year 2015 {140} billion dinars.
39- Payment of the issuance of old treasury remittances 200 billion dinars.
40 - Payment of local bond premiums of 2100 billion dinars.
41 - Payment of installments of remittances {auctions} 1100 billion dinars.
42 - compensation of the war in Kuwait 1553 billion dinars.
43- Treasury transfers by the Iraqi Trade Bank 200 billion dinars.
44- Remittances of Treasury Transfers Transfer of financing of foreign oil companies 610 billion dinars.
45 - Premiums of treasury transfers deducted by the Central Bank of Iraq 1000 billion dinars.
46 - Payments of treasury transfers granted by the Pension Fund 150 billion dinars.
47- Payments of treasury remittances under the resolutions of {97 and 100} for the year 2013 {150} billion dinars.
48- Payments of remittances by virtue of the decision of {50} for the year 2014 {300} billion dinars.
49- Payments of remittances by virtue of resolutions {74 and 70} for the year 2015 {300} billion dinars.
50- Loans installments under Decree 314 of 2014 {50} billion dinars.
51 - Loans granted by the Iraqi Bank for Trade 150 billion dinars.
52 - installments of loans to public companies for the salaries of employees of 1200 billion dinars.
53- Payments of treasury transfers under the legal reserve of 500 billion dinars.
54- Installments of external debt restructuring Paris Club 697 billion dinars.
55- Payment of restructuring fees outside Paris Club 200 billion dinars.
56 - Settlement of external debt 118 billion dinars.
57- The Arab Fund for Economic Development (AFDD) installments of JD 371 million.
58- Technical settlement of small debts in the private sector 17.7 billion dinars.
59- Installments of the Arab Fund for the debt restructuring agreement 46 billion dinars.
60 - World Bank loan installments 96 billion dinars.
61- International Monetary Fund loan repayments 905 billion dinars.
62-installments {JICA} loans 174.5 billion dinars.
63 - Italian loan installments of one billion dinars.
64- Islamic Development Bank loan installments KD 1 billion.
65- JBIC loan installments in Japan are JD 2 billion.
66 - German loan installments of one billion dinars.
67 - US loan installments 372 billion dinars.
68- British loan installments 56 billion dinars.
69 - Swedish loan installments 12 billion dinars.
70 - Chinese loan installments of two billion dinars.
71 - installments of the German loan Siemens billion dinars.
72 - French loan installments of 5.5 billion dinars.
73. The loan installments of the International Fund for Agricultural Development (IFAD) are one billion dinars.
74 - Saudi loan installments 1.8 billion dinars.
75 - Kuwaiti loan installments 5 billion dinars.
76- Italian loan installments (ACI) 36 billion dinars.
77 - Russian loan installments 236 billion dinars.
78- Loan installments JBIC to two billion dinars.
The total amount of these benefits and repayments to Iraq about 15,324 billion Iraqi dinars, which means 12770 billion US dollars

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