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Economic Commission to provide a comprehensive report on Ira

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Economic Commission to provide a comprehensive report on Ira

Unread postby Stillw8n » Tue Feb 14, 2012 10:39 am

Economic Commission to provide a comprehensive report on Iraq’s indebtedness to governments and companies, not yet settled

Alaniaabh economic demands of the Ministry of Finance to provide a comprehensive statement of the indebtedness of Iraq foreign destinations
Tuesday, February 14, 2012 11:28

Student member of the Economic Commission for parliamentary bloc MP Hussein Almrobei Virtue Ministry of Finance to provide a comprehensive statement of the indebtedness of Iraq views of foreign governments and companies and that have not been settled yet

A statement of his agency received all of Iraq [where] a copy of it with him to say that “the Iraqi funds abroad may threaten again because of non-payment of debt for companies and creditor governments of Iraq,” stressing that “the best solution for the payment of this debt is the allocation of part of the overall budget for the year [ 2012] to be paid after the debt is to clarify exactly private, public and spare Iraq from the threat of dire consequences. “

He added that “Iraqi funds remained protected by the Iraqi Fund for the development of the decision [1483] issued by the Security Council, in [2003] and put the resources of oil and go [5%] of them to compensate Kuwait and [95%] of Iraq and then extended for six months and then kept the money protected by the U.S. about it to the governor for six years the U.S. primer in Federal Reserve Bank of New York and is supposed to expire in the fifth month of this year [2012], and this is what makes the Iraqi funds at risk.

Orabi said that “the settlement of debt is not difficult as it does not exceed the [600] million dollars,” noting that “the issue of debt of the most important topics that need further attention now, before approving the budget.”

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