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Debts for Iraq Reach US$47.3 Trillion

The sources said that this internal debts covered the previous national budgets for the last few years, following the decline in oil prices.

Baghdad/ Iraq TradeLink: Iraqi governmental sources expected that the Iraqi internal debts will reach  47.3  trillion dinars.

The sources said that this internal debts covered the previous national budgets for the last few years, following the decline in oil prices.

Other economic sources reported that the Iraqi total debts reached to 120 billion dollars since 1980s.


Since 2014, Iraq is passing through a big financial crisis due to the decline in oil prices and the war against Da'ish (ISIS) organization.

 Source: Iraq TradeLink

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