Economist: Iraq Is Ranked Second After Saudi Arabia In Terms Of Explosive Budget… But It Is the Worst Economically

Baghdad, A specialist in economic affairs, Ali Jabbar Al-Faraiji, confirmed that Iraq’s 2021 budget is ranked second in the Arab world at a rate of (113 billion dollars) after Saudi Arabia, which ranked first at a rate of (264 billion dollars).

He said in a statement to the National Iraqi News Agency / NINA / that: Iraq’s budget is equivalent to the budget of Qatar, which amounts to (53 billion dollars) and Morocco (51 billion dollars), twice, but at the same time Iraq ranks first, the worst economically.

He pointed out that: Iraq ranks first with the worst in providing services and the highest in the rates of bleaching and smuggling of money, stressing the need to develop economic plans studied by Iraq’s economic experts to draw the budget and the terms of its disbursement to avoid Iraq of economic crises.

 

Source: National Iraqi News Agency

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