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View Full Version : Kuwait will receive $500 million from Iraq in few days



Investors Iraq News
12-14-2012, 09:41 AM
Kuwait will receive $500 million from Iraq in few days

According to an official of Iraq airways Iraq will pay $ 500 million to Kuwait to resolve its albatross to Kuwait.

Source: IraqDirectory.com (http://www.iraqdirectory.com/DisplayNews.aspx?id=21847)

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Captain Kirk
12-14-2012, 12:25 PM
Thanks for the post.

This $500 million, what bill/debt does that resolve?
What does this bring closure to?

Is that the last debt, or is there more?

Dinar Index
12-14-2012, 06:07 PM
Captain this is too close the Kuwaiti Airways issue.. I believe that is the last outstanding debt issue and all recent press articles have stated that the Kuwaitis are happy and will help remove Iraq from Chapter VII

Captain Kirk
12-15-2012, 01:54 AM
Captain this is too close the Kuwaiti Airways issue.. I believe that is the last outstanding debt issue and all recent press articles have stated that the Kuwaitis are happy and will help remove Iraq from Chapter VII

A journey of a thousand miles starts with the first step.
Let's hope this gets us that much closer!