View Full Version : Just need a little help with some numbers
eosirl2
08-20-2005, 02:32 PM
With the recent delvelopments of an eastern european country issusing some debt forgiveness in the past few days by the amount of 2 billion USD, and assuming that will have a positive effect on the dinar by a cent or two would be my guess, this action has raised some debt amounts questions in my mind.
What I need to know is, does anyone know what amount of money was owed to Kuwait and Saudi Arabia respectively?
Just working on some calculations.
eosirl2
08-20-2005, 03:01 PM
1. Facts
Debt (http://www.jubileeiraq.org/debt_today.htm): $27bn, Reparations (http://www.jubileeiraq.org/reperations.htm): $68.8bn
H2OLover
08-20-2005, 03:10 PM
Compensation claims, awards and payments (accurate to July 2005)
category-- Claimed --Awarded --Paid --Unpaid
Individuals:
A - individuals who had to leave Kuwait during occupation $3.46bn $3.21bn $3.20bn $9m
B - serious personal injury or loss of a close relative $20m $13m $13m 0
C - property/financial loss or injury claim up to $100k $11.5bn $5.21bn $5.20bn $6m
D - claim over 100k, largely property or income loss $16.54bn $3.35bn $2.75bn $603m $618m
Corporations:
E1 - oil sector $44.74bn $21.52bn $676m $20.85bn
E2 - non-Kuwait in other sectors $13.66bn $916m $828m $88m
E3 - non-Kuwaiti construction/engineering $8.54bn $403m $349m $53m
E4 - Kuwait $11.79bn $3.46bn $3.17bn $285m $21.27bn
Governments:
E/F - export guarantee $6.15bn $311m $180m $131m
F1 - non-Kuwait $18.90bn $291m $254m $37m
F2 - Saudi and Jordan $18.41bn $264m $256m $8m
F3 - Kuwait $113.9bn $8.26bn $2.15bn $6.11bn
F4 - environmental $13.11bn $5.26bn $340m $4.92bn $11.21bn
Total $353.769bn $52.467bn $19.368bn $33.099bn
Debt: $27bn, Reparations: $68.8bn
http://www.jubileeiraq.org/reperations.htm
Dinaress
08-20-2005, 11:13 PM
--on the main page it said that Iraq owed Kuwait 16 billion but on this page is says 15 billion--it also has all the other countries listed for debt relief..its a whopper of a site!
------------------------------------------
HERE is the main page--this site has lots of information if ya have time to sift thru it all....macroeconomic and microeconomics are included so many more things...a good read...
enjoy!!!!
http://www.iraqieconomy.org/home/
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Kuwait said Monday it would support "a major reduction" in the $15 billion it is owed — but only if a deal was negotiated with an internationally recognized and elected Iraqi government and then approved by the Kuwaiti parliament.
Saudi Arabia, which is owed $9 billion, also has not changed its position.
...
Saudi Arabia also made participation by Saudi companies in Iraq's reconstruction a condition of any debt relief.
Iraq owes an additional $19 billion to private Saudi companies and banks, which would not be included in any deal between the two governments.
Iraq owes Qatar $4 billion and the United Arab Emirates $3.8 billion. Both countries have adopted stances similar to Kuwait and Saudi Arabia.
http://www.iraqieconomy.org/home/bilecon/kuwait/20041123%282%29
HOPE this helps!
"D"
Tigger
08-20-2005, 11:21 PM
Great article Dinaress!!! Just wondering if Kuwait would wait until the December election before granting the relief.:confused:
Dinaress
08-20-2005, 11:24 PM
The second link is a link within the link, and it was dated November 23, 2004--
sooo a lot has been done since then, there is so much inside this site it scares me!!
I have had it a longtime, just saving it for the right moment for someone who REALLY needed the information ! hahahhaha
I don't know but i am certain beyond a shadow of doubt their arab neighbors are going to be very supportive and helpful to Iraqs success in whatever the country may need. :D
Dinaress
08-20-2005, 11:36 PM
http://www.iraqieconomy.org/home/macro/debt/
http://www.iraqieconomy.org/home/macro/debt/arabpress/
Tinydancer
08-20-2005, 11:49 PM
The second link is a link within the link, and it was dated November 23, 2004--
sooo a lot has been done since then, there is so much inside this site it scares me!!
I have had it a longtime, just saving it for the right moment for someone who REALLY needed the information ! hahahhaha
I don't know but i am certain beyond a shadow of doubt their arab neighbors are going to be very supportive and helpful to Iraqs success in whatever the country may need. :D
....good going Dinaress!! Tie all the information together, update it and it boggles the mind at the extent of the positive...and outlook...o I think their neighbors will get real chummy... :p
Dinaress
08-20-2005, 11:58 PM
Yeah this really needs to go on the Iraqwiki whatever site. :drunk:
It may contain even more clues soon ;)
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