Iraqi government denies 16 trillion dinar foreign loan reports to cover deficit
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Baghdad (IraqiNews.com) – The Iraqi federal government denied reports on Friday, October 30, 2026, alleging that Baghdad intends to borrow 16 trillion Iraqi dinars from Saudi Arabia, Kuwait, China, Germany, and France to plug the sovereign budget deficit, confirming that state fiscal strategy relies on deploying domestic revenues to sustain public expenditures.
In statements delivered to the Iraqi News Agency (INA), Government Spokesperson Haider Al-Aboudi stated that widely circulated
In statements delivered to the Iraqi News Agency (INA), Government Spokesperson Haider Al-Aboudi stated that widely circulated
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