Baghdad, October 18, 2025 —
Economic researcher Diaa Abdul Karim has raised serious concerns about Iraq’s growing internal debt, warning that the current trajectory could push the country toward potential financial insolvency in the coming years.
In a statement to DinarOpinions.com, Abdul Karim said,
“The domestic debt reaching approximately 90 trillion dinars is a dangerous indicator that portends the potential bankruptcy of the state in the future.”
He criticized the government’s decision to withhold full budget details from Parliament, suggesting it was an attempt to conceal the true scale of Iraq’s debt and avoid political backlash ahead of the 2026 elections.
“The government’s refusal to present the budget tables to Parliament aims to hide information about the extent of domestic and foreign debt and prevent controversy that could intensify as the elections draw near,” he explained.
Abdul Karim further warned that the economic policies adopted by the current administration have created heavy financial burdens that will affect future generations, leading to a potential financial crisis if corrective measures are not taken soon.
“These policies have placed the country on an unsustainable path,” he cautioned, “and without fiscal reform and transparency, Iraq could face a severe budgetary crisis in the years ahead.”