Iraq “Well Positioned” to Service its Debts

By John Lee.

Iraq is well positioned to service its debt obligations, according to an article in Australia’s Investor Daily.

Responding to the question “what’s your view on bonds issued by Iraq’s government?“, Mark Baker writes:

“Iraq is a net external creditor, meaning its external assets are greater than its external liabilities. That means the nation is well positioned to service its debt obligations.”

More here.

(Source: Investor Daily)

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