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Law allows the payment of $ 300 million owed to Kuwait
On: Tuesday 8/7/2012 7:07
Baghdad / range
announced by the Finance Committee in the House of Representatives for legislation Najiba Najib special law allows the government to grant Kuwait (300) million as a down payment within budget allocations (2012) for the payment of debts owed by Iraqi Airways since (20) years. Najib said: The Kuwait before (20) years, filed a lawsuit in international courts against Iraqi Airways
Reported Bngrema a certain amount, but with the passage of time and with greater financial benefit, the total value amount (500) million. She added, was the enactment of the special permit of the federal government to pay financial dues of Kuwait and the consequences of Iraqi Airways, which included grants (300) million as a down payment during the current year and acted within the budget (2012), while the remaining amount (200) million dollars will be paid in the next year and devote his money within the budget (2013).
She noted that the law has had its first reading in the House of Representatives and met with objection from some lawmakers and confirmed that the airline Iraqi company since it is profitable and has a continuous work shall be borne by these amounts, not the government because the money that the government is Stsrvha people's money.
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