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Saudi Arabia on Iraq debt reached $ 42 billion

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Saudi Arabia on Iraq debt reached $ 42 billion

Unread postby admin » Tue Jul 02, 2013 9:03 am

Saudi Arabia on Iraq debt reached $ 42 billion

2013-07-02

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BAGHDAD / JD / .. Confirmed the Finance Committee that the size of the debt Arabia reached $ 42 billion after it was 19 billion dollars due to accrued interest.
member said Finance Committee Abdul Hussein al-Yasiri told / JD / that Saudi Arabia had been demanding Iraq 19 billion but with the benefits become $ 42 billion.
between Yasiri: Saudi Arabia has refused to reduce debt like it did America, France and some countries that were within the Paris Club.
, adding that the size of Iraq's debts amounting to 140 billion dollars, but most countries have reduced their debt and some of them give up entirely on debt, such as the United States.
continued: that the Iraqi economy has become free and in the possibility of Iraqi banks to transfer money to the outside, without being confiscated after coming out of Chapter VII
is noteworthy that the money that will be at the disposal of the Iraqi Central Bank after exit from Chapter VII is estimated at $ 82 billion.
A member of the House of Representatives MP Habib Terminal in a statement Former Agency / JD /: that the volume of الامول Iraq that would accrue to the Central Bank after the withdrawal of Iraq from Chapter VII is estimated at $ 82 billion, which will cover the dinar and contributes to the lifter economic situation.
between Terminal: The state is measured including owns the balance of the day became Iraq with full sovereignty and therefore Aahdd security and international peace and is supposed to benefit as much as possible from this positive step.
said that the Iraqi diplomacy succeeded in improving Iraq's relationship with the functions of the region and the world and to return to the course, which was played in the past. / End / Hossam Ghanem /

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