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31/05/2012
Member of Finance Committee: Iraq got the last extension of the protection of its funds deposited out
Revealed a member of the Finance Committee MP / National Alliance / Magda al-Tamimi, from Iraq to get another extension to protect his money deposited in international banks.
said Tamimi (of the Agency news) on Thursday said Iraq had last month on the last extension of the protection of its funds from abroad for one year by the U.S. administration. she said the government move to settle the issue of funds with commercial creditors who Athoudron to raise the claims on the country to obtain the debt after the end of the period of protection, noting that the amount of debt owed by Iraq for these creditors is estimated at one billion and a half billion dollars. She explained: that Some creditors known to the Ministry of Finance and Central Bank of Iraq, while others are not known so far. and proposed settlement of a debt with trade creditors by purchasing their debts the lowest price possible and to avoid access problems could cost Iraq huge sums of money from abroad.
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