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Iraq .. And seek the settlement of a debt
Date: Monday, 12/12/2011 20:07
* Haider Abbas Mutlaq
According to the latest statistical confidence of Iraq's debt to the world more than $ 68 billion, which means the need to find a quick solution to the problem of indebtedness prior to the completion of immunity and protection against the Development Fund of Iraq, considering that this problem is not just financial but political.
Perhaps in a statement to the President of Supreme Audit Abdul Basit Turki in an interview that «the debt owed by Iraq to the world at the present time of more than $ 68 billion», said that between 18 to $ 19 billion of this debt back to the countries of the world, while the the rest by nearly 50 billion dollars of credit to businesses and merchants. Confirms the soundness of the Iraqi Council of Ministers to issue a resolution approving the formation of a high commission to check the benefits of the private sector, citizens and foreigners and international organizations and disbursement of the announcement and government spokesman Ali al-Dabbagh said in a statement, the cabinet decided to approve the adoption of the recommendation «to the Committee on Economic Affairs» regarding entitlements of individuals and private companies and foreign nationals and international organizations, through the formation of a higher committee for scrutiny and disbursement to the private sector, to be paid out the amount of non-interest implications.
It is a debt owed by Iraq from the files most complex after the fall of the former regime in 2003 as the volume of the official debt of State for the benefit of countries and companies of about 123 billion dollars is expected to file (Iraq's debt will close permanently at the earliest opportunity, after he succeeded in Baghdad to get rid of most of the debt, no residual but small amounts are being negotiated), as the concerned authorities to follow up the subject of Iraq's debt, represented by the Ministries of Finance and Foreign Affairs, the Central Bank of Iraq continues to pursue the matter with the creditor countries, are of three types of debts on Iraq, I (Paris Club) for the benefit of 19 state was agreed to pay most, and second, sovereign debt of countries outside the countries (Paris Club) like Poland European country only did not get the debt owed by Iraq, amounting to $ 850 million, and the Gulf states like Saudi Arabia, Kuwait, Qatar and the UAE, which reaches its debt to $ 40 billion, The third type of credit is subject to certain agreements or settlement and explained that 12 thousand companies filed claims against Iraq for demanding debt, except most of them.
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Date: Monday, 12/12/2011 20:07
* Haider Abbas Mutlaq
According to the latest statistical confidence of Iraq's debt to the world more than $ 68 billion, which means the need to find a quick solution to the problem of indebtedness prior to the completion of immunity and protection against the Development Fund of Iraq, considering that this problem is not just financial but political.
Perhaps in a statement to the President of Supreme Audit Abdul Basit Turki in an interview that «the debt owed by Iraq to the world at the present time of more than $ 68 billion», said that between 18 to $ 19 billion of this debt back to the countries of the world, while the the rest by nearly 50 billion dollars of credit to businesses and merchants. Confirms the soundness of the Iraqi Council of Ministers to issue a resolution approving the formation of a high commission to check the benefits of the private sector, citizens and foreigners and international organizations and disbursement of the announcement and government spokesman Ali al-Dabbagh said in a statement, the cabinet decided to approve the adoption of the recommendation «to the Committee on Economic Affairs» regarding entitlements of individuals and private companies and foreign nationals and international organizations, through the formation of a higher committee for scrutiny and disbursement to the private sector, to be paid out the amount of non-interest implications.
It is a debt owed by Iraq from the files most complex after the fall of the former regime in 2003 as the volume of the official debt of State for the benefit of countries and companies of about 123 billion dollars is expected to file (Iraq's debt will close permanently at the earliest opportunity, after he succeeded in Baghdad to get rid of most of the debt, no residual but small amounts are being negotiated), as the concerned authorities to follow up the subject of Iraq's debt, represented by the Ministries of Finance and Foreign Affairs, the Central Bank of Iraq continues to pursue the matter with the creditor countries, are of three types of debts on Iraq, I (Paris Club) for the benefit of 19 state was agreed to pay most, and second, sovereign debt of countries outside the countries (Paris Club) like Poland European country only did not get the debt owed by Iraq, amounting to $ 850 million, and the Gulf states like Saudi Arabia, Kuwait, Qatar and the UAE, which reaches its debt to $ 40 billion, The third type of credit is subject to certain agreements or settlement and explained that 12 thousand companies filed claims against Iraq for demanding debt, except most of them.
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