Iraq’s total credit drops to 71B dinars in March

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Iraq’s total credit drops to 71B dinars in March

The critical bank of Iraq found out on Tuesday that total credit score reached over 71 billion Iraqi dinars (IQD) with the aid of the quit of March 2025.

in step with legitimate facts, general credit stood at seventy one.288 billion IQD (about $54.4M) on the give up of March, marking a 2.78% decline from February, when the discern become seventy three.188 billion IQD (approximately $fifty five.8M).

The document showed that credit changed into allotted as follows: 24.738 billion IQD (about $18.8M) extended to the central authorities, 2.489 billion IQD to public establishments, and forty four.061 billion IQD to the personal area.

credit score refers to a contractual association wherein a borrower gets money or something of cost and consents to pay off the lender at a later date, commonly with interest.