Middle East Economic Survey


No 28


Iraq: Sustainability Of Debt Service And Reparations Payments1

Dr Ali Merza

The following article was written for MEES by Dr Merza who has worked for the Iraqi ministries of oil and planning and for the UN Department of Economics and Social Affairs.

External Debt

Although various estimates and figures are being published and exchanged on Iraqi external debt, the stock of external debt is not precisely known. Moreover, as the debt had not been...