تحديات المديونية الخارجية في العراق بعد عام2003

Abstract EN

The study is concerned with reviewing the size of Iraq's external debt carried by the Iraqi economy, the result of reckless policies during the period after the eighties of the last century.

Its negative effects have been increased by directing these debts to war purposes in the period before 2003.

As for the policies that followed the political change after the aforementioned date, It was frequent, sometimes it dealt with it with the help of the United States, and sometimes it moved towards external borrowing again, As a result of wrong economic policies and widespread corruption.

The study found that the level of external debt is high, especially when there are fluctuations in the price of crude oil.

The study used several indicators such as the ratio of external debt to GDP, the ratio of exports to external debt and its service.

.

.

and other indicators that confirmed that the level of external debt of Iraq is high and warns of great risks.

The study concluded by proposing a set of solutions and mechanisms to address this debt and the need to adopt a clear strategy for this phenomenon.

Key words: (external debt, compensation, borrowing, inflation).