Liquidity and balance of payments in Iraq declined over the past three months.
The Iraqi Ministry of Planning announced on Wednesday the economic indicators for the country for the first quarter of 2025.
The Ministry’s Central Statistical Organization stated in a report seen by Shafaq News Agency that the most important indicators for the first quarter of 2025 point to a decrease in merchandise imports compared to exports, which led to a decrease in the net balance of payments to 5.9 trillion dinars.
He added that there has been a decrease in public deposits with banks, which has led to a decline in cash liquidity, noting that total bank credit amounted to 71.3 trillion dinars.
He pointed out that the amount of electricity produced in the first quarter of 2025 amounted to 33,142,433 megawatt-hours, while the amount of imported energy amounted to 1,673,496 megawatt-hours.
The unit “megawatt-hour” means the amount of power generated or imported during the actual operating hours of the national electricity grid.
Shafaq.com