Iraq’s government spokesperson has announced a significant decrease in external debts expected for this year. However, the current internal debts are expected to rise considerably due to increased public spending. Iraqi government spokesperson Basim Al-Awadi announced a notable reduction in the country’s external debt. He told Iraq’s State News Agency (INA) on Monday that the debt decreased from US$19.729 billion in 2022 to US$15.976 billion in 2023 and projected to reach approximately US$8.9 billion by the end of 2024. This achievement comes from diligent financial measures implemented by th…