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Finance decides to repay the debt of Egyptian workers in the 2012 budget
24/08/2011
Valued at $ 400 million
BAGHDAD - Al Sabah
*****Ministry of Finance has decided to pay the debts of the Egyptian workers, amounting to $ 400 million in the budget next year.***** A spokesman for the ministry Zaid Zamel told a news agency reported «Rn» that «decided to pay the debts of the Egyptian labor and $ 400 million because they do not conflict with the Paris Club agreement». *****He added that «the Ministry of Finance has consulted experts in the legal affairs of the country, and in the Paris Club on the impact of debt repayment workers insist on a Paris Club agreement and confirmed that the debt can be granted the Egyptian labor because it linked to the government».***** The Central Bank of Iraq has confirmed the end of last July that 400 million calls in Egypt, Iraq, wages of the Egyptian workers threaten the Paris Convention. He pointed out that «the Ministry of Finance will grant debt of Egyptian workers from the budget in 2012 or of the current year budget for the resolution of this file once and for all» .
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