CBI Reveals Iraq’s Debt Levels — And Issues a Warning Bell 🔔🇮🇶

My FX Buddies · Nov 30, 2025 · 34m

The Central Bank of Iraq has officially revealed the size of the

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country’s internal and external debts — and delivered a clear warning about the future if corrective steps aren’t taken.

While Iraq’s debt levels are not currently dangerous, the Central Bank says the continued dependence on borrowing to fund operational spending (not investment) is a warning bell that must not be ignored.

External debt: $13 billion

Internal debt: 91 trillion Iraqi dinars

Much of the internal debt is owed to state-owned banks, meaning it can be restructured through government agreements.

Debt…