Financial Reflections of External debts A Case-study for selected Developing countries (1990-2008)

The problem of financial decrease and the disability to manage
financial incomes needed to finance the general burdens in spite of
following monetary policies and the expanded credits lead to
privatization and this make the country fall in external indebtness,
These debts consume great ratios of the budgets of the indebted
countries especially the rang of external indebtness which is equal
the double of G.D.P. in some developing countries and the Arabs in
particular. Therefore, these countries third to practice the programs
of economic reform, which resulted in desired financial effects in
diminishing the levels of external indebtedness for the period after
1991.