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Official: Iraqi funds in America will go to creditors after the lifting of the immunity
22 April 2014, 10: 51 am
Committee member Abdul Hussein Al-yasiri for Agency/JD/economic: there is a settlement agreement with the United States ratified by Parliament in 2011, for Iraq after the UN mandate continued protection to Iraqi money in the Development Fund for Iraq and ruled out Al-yasiri reported that the money would go to creditors after the lifting of the immunity, saying that u.s. President Barack Obama issued a decision to protect Iraqi reserves all world banks and the Central Bank of Iraq has approved the 2011 Congress on the Convention on the settlement of claims For the protection of Iraqi assets deposited in the Development Fund for Iraq (DFI) of compensation claims in the courts. right b JD newsMeanwhile, the parliamentary Finance Committee, assured wary of raising us protection from Iraqi funds deposited in the Development Fund for Iraq, confirmed that a settlement agreement was approved by Parliament in 2011 to protect such funds after the lifting of immunity.The Finance Minister said the net debt and the fineness of the Governor of the Central Bank of Iraq in the Iraqi Embassy in the United States in Washington with the legal counsel of the Ministry of finance from Cleary kotlb developing procedures that would protect Iraqi funds abroad and to be implemented by the Iraqi Government after the end of the period of immunity on 22/05/2014. the net was ruled out extending international protection to Iraq abroad estimated at 180 billion dollars.He noted that Iraq has the means to provide the necessary protection for the money and that the Government is seeking to settle the debt in full and according to agreements signed in the Paris Club. NET explained that Iraq ended its debts to three States while negotiations for the rest of the debt to eight States only.
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22 April 2014, 10: 51 am
Committee member Abdul Hussein Al-yasiri for Agency/JD/economic: there is a settlement agreement with the United States ratified by Parliament in 2011, for Iraq after the UN mandate continued protection to Iraqi money in the Development Fund for Iraq and ruled out Al-yasiri reported that the money would go to creditors after the lifting of the immunity, saying that u.s. President Barack Obama issued a decision to protect Iraqi reserves all world banks and the Central Bank of Iraq has approved the 2011 Congress on the Convention on the settlement of claims For the protection of Iraqi assets deposited in the Development Fund for Iraq (DFI) of compensation claims in the courts. right b JD newsMeanwhile, the parliamentary Finance Committee, assured wary of raising us protection from Iraqi funds deposited in the Development Fund for Iraq, confirmed that a settlement agreement was approved by Parliament in 2011 to protect such funds after the lifting of immunity.The Finance Minister said the net debt and the fineness of the Governor of the Central Bank of Iraq in the Iraqi Embassy in the United States in Washington with the legal counsel of the Ministry of finance from Cleary kotlb developing procedures that would protect Iraqi funds abroad and to be implemented by the Iraqi Government after the end of the period of immunity on 22/05/2014. the net was ruled out extending international protection to Iraq abroad estimated at 180 billion dollars.He noted that Iraq has the means to provide the necessary protection for the money and that the Government is seeking to settle the debt in full and according to agreements signed in the Paris Club. NET explained that Iraq ended its debts to three States while negotiations for the rest of the debt to eight States only.
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