قياس القدرة على تحمل الديون في العراق للمدة 2005-2019

Abstract EN

The Debt Sustainability Framework is an analytical approach to determining a country's ability to meet its financial obligations even in the most difficult circumstances.

Countries must control their revenues and expenditures within the axis of macro-financial discipline in order to achieve sustainability in debt and not to become excessively indebted and fall into the debt trap.

Iraq was subjected to a series of political and financial shocks, and these effects were reflected in the method of financing the budget.

Iraq's link to oil prices, as well as the internal crises make Iraq's debts unsustainable.

Debt tolerance was measured through the debt dynamic equation, and the results proved that Iraq's debts are sustainable under normal scenarios, but that Iraq is exposed to crises that leave Iraq outside the framework of sustainable debts.