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In figures .. huge financial losses for Iraq in 6 years

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In figures .. huge financial losses for Iraq in 6 years

Unread postby admin » Thu Aug 15, 2019 8:14 am

In figures .. huge financial losses for Iraq in 6 years

2019/8/15 10:08

In figures .. huge financial losses for Iraq in 6 years

An international organization of the United Nations has revealed huge financial losses for Iraq in six years.
According to a report issued by the United Nations Development Organization (UNCTAD), "Iraq lost about $ 36 billionduring the period from 2013 until the end of 2018 as a result of political instability and security and the ongoing war with ISIS and other terrorist elements."
The report added that "Iraq lost last year 4.885 billion dollars compared to the loss of 5.032 billion dollars in 2017."
He noted that "race also lost about 6.256 billion dollars in 2016 compared to the loss of 7.574 billion dollars in 2015."
The report promised in 2014 "the largest loss of foreign direct investment, where Iraq lost about 10.176 billion dollars, while lost 2.335 billion dollars in 2013."
He pointed to the "sharp decline of the Iraqi economy over the past years due to security and political unrest and wars in the region."

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