Governor of the Central Bank: The size of Iraq’s debt is 71 billion dollars

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The Iraqi central bank governor Ali Aliak said on Monday that the Iraqi debt reached 71 billion dollars, stressing that the subject of deleting zeros from the currency is ready but needs a suitable environment for its implementation.
“Iraq’s external debt is still within reasonable limits and has not reached the red zone,” al-Aalak said in a meeting with the editors of several Iraqi media outlets. “The current Iraqi debt is $ 71 billion divided into $ 42 billion in domestic debt and $ 29 billion External debt dollar “.
He added that “some specialists add to the total debt amount of more than 40 billion dollars, which is a Gulf debt since the time of the previous regime and is pending and did not claim these countries,” explaining that “the Gulf countries may extinguish their debts at any time.”
On the other hand, Al-Alaq said that “the subject of deleting zeros from the currency is ready but needs a suitable environment to be applied to prevent manipulation and fraud by the owners of vulnerable souls,” noting that “the Central Bank sent the salaries of employees of the Kurdistan region before solving the problem with the central government and deposited In the branch of Erbil. “

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