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The appearance of Muhammad Salih to / Nina /: Iraq's foreign assets are an important aspect of the investments of the Iraqi Fund for Foreign Development
Thursday 21 April 2022 12:20 | economic Number of readings: 305
Baghdad / NINA / - The financial expert, advisor in the Cabinet, Mazhar Muhammad Salih, confirmed that Iraq's foreign assets are an important aspect of the investments of the Iraqi Fund for Foreign Development.
He told the National Iraqi News Agency ( NINA ) that Iraq's foreign assets represent an important aspect of the investments of the Iraqi Fund for Foreign Development, most of which are in joint Arab companies, since the seventies of the last century.
Saleh added that some of them are still profitable and the other reluctant, and there are companies that have become losers that have been liquidated, as Iraq's contribution to those companies that are managed through the aforementioned fund exceeds one billion and more than one billion US dollars or more.
He explained that the other Iraqi real estate assets abroad are still in sound condition and registered in a fundamental manner, despite the fact that some of them were subject to judicial seizures during the nineties siege period.
Saleh added that UN Security Council Resolution No. 1483 in May 2003 called on banks of the world and others to transfer any bank funds that were frozen during the era of the previous regime to the Development Fund for Iraq, which is an account opened in the name of the Central Bank for the benefit of the Iraqi government. / End 3
The appearance of Muhammad Salih to / Nina /: Iraq's foreign assets are an important aspect of the investments of the Iraqi Fund for Foreign Development
Thursday 21 April 2022 12:20 | economic Number of readings: 305
Baghdad / NINA / - The financial expert, advisor in the Cabinet, Mazhar Muhammad Salih, confirmed that Iraq's foreign assets are an important aspect of the investments of the Iraqi Fund for Foreign Development.
He told the National Iraqi News Agency ( NINA ) that Iraq's foreign assets represent an important aspect of the investments of the Iraqi Fund for Foreign Development, most of which are in joint Arab companies, since the seventies of the last century.
Saleh added that some of them are still profitable and the other reluctant, and there are companies that have become losers that have been liquidated, as Iraq's contribution to those companies that are managed through the aforementioned fund exceeds one billion and more than one billion US dollars or more.
He explained that the other Iraqi real estate assets abroad are still in sound condition and registered in a fundamental manner, despite the fact that some of them were subject to judicial seizures during the nineties siege period.
Saleh added that UN Security Council Resolution No. 1483 in May 2003 called on banks of the world and others to transfer any bank funds that were frozen during the era of the previous regime to the Development Fund for Iraq, which is an account opened in the name of the Central Bank for the benefit of the Iraqi government. / End 3
