💥 Highlights: Mazhar Saleh on Iraq’s Debt Situation (Oct 19, 2025) 💥

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Iraq’s external debt due by 2028 is only $9 billion, much less than the widely reported $41 billion.
The $41 billion debt mostly refers to pre-1990 debts wiped out by the 2004 Paris Club agreement (80%+ forgiven).
Debt payments are highly transparent and coordinated between the Ministry of Finance and Central Bank of Iraq, settled annually through the federal budget.
Domestic debt (~91 trillion dinars) mainly held within the government banking system and managed carefully.
Current government borrowing represents only 18% of the planned domestic debt for 2023-2025.
Committees and international firms are working to convert domestic debt into productive investments
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to stimulate the economy.
Iraq is experiencing its most stable period thanks to strong foreign reserves and sound monetary policies supporting the dinar’s purchasing power.