A once staggering $125 Billion debt bill is being reduced through debt forgiveness. Get all the details here.
There seems to be some confusion about how much Iraq owes. Here's a summary. There are really FOUR major groups of Iraqi Debt. I've excluded Trade Debt in the past but will include it here. I. Paris Club Debt Debt stood at $38B+ and now stands at $27B after the 1st phase of debt reduction....
EYIDRO Jubilee Iraq News Blog Background Table of Debts
Iraq owes Kuwait $31.3 b in reparations PuPublished: 8:09PM Tuesday August 17, 2010 Source: Reuters Iraq still owes Kuwait $31.3 billion in reparations from its invasion of the Gulf Arab state two decades ago and the Gulf War that liberated it, a Kuwaiti official said in remarks...
Posted 04/07/2010 07:04 AM التغيير أطفأ 100 مليار دولار
. Zubaidi calls Arab states to extinguish the debt on Iraq just like Western countries PUKmedia Movdna to Istanbul: Ibrahim Mohammad Sharif 15:48:12 2010 - 06-10 Minister Bayan Jabr Iraqi Finance, said Thursday the tenth of June, in June 2010 under way in the Forum the...
Gov’t settles down Madagascar’s debt to Iraq June 16, 2010 - 09:24:30 BAGHDAD / Aswat al-Iraq: Iraqi Council on Ministers has decided to approve an agreement that settles down Madagascar’s debt to Iraq. “Eighty percent of the debt (i.e. $234,507,234) has been cancelled,” the Iraqi government...
Iraq Asks Arab Institutions to Drop Some Rafidain Bank Debt June 17 (Bloomberg) -- Iraq, carrying a $40 billion debt burden from the Saddam Hussein era, will ask Arab institutions to forgive some of the unpaid interest owed by Rafidain Bank so as to regain the rest, government spokesman Ali...
. Zebari: outstanding issues between Iraq and Kuwait need to be a major government effort Posted 02/06/2010 08:48 AM Agencies - Weekly - Foreign Minister, Hoshyar Zebari, the formation of a ministerial committee responsible for addressing all outstanding issues with the State of...
. Finance minister urges Iraqi ambassador in Bologna to tackle debts issue 31/5/2010 - 17:00 BAGHDAD / Aswat al-Iraq: Finance Minister Baqer al-Zubaidi urged Iraqi ambassador in Bologna on Monday to tackle the debts issue with the country and to encourage companies there to invest in...
(AFP) – 14 hours ago BAGHDAD — Iraq cannot sustain its reparations payments to Kuwait for Saddam Hussein's 1990 invasion, which it says are the highest paid by any country in history, Oil Minister Hussein al-Shahristani said Thursday. "Iraq has paid Kuwait enormous amounts of compensation for...
Iraq still owes Kuwait $24 bln in war damages: MP 10 mins ago KUWAIT CITY (AFP) – Iraq still owes about 24 billion dollars in war reparations for the 1990 occupation of oil-rich Kuwait, a Kuwaiti lawmaker was quoted as saying on Tuesday. Adnan Abdulsamad, head of parliament's budgets...
Iraqi Finance develop a new plan to resolve the debt file a final 08/04/2010 09:28 08/04/2010 09:28 ب . Baghdad, April 8 (Akaniwz) has announced the Ministry of Finance said Thursday that the ministry has developed a plan to repay debt and reparations placed on Iraq because of the behavior...
As expected at any moment of the birth of the new government in Iraq once the election results, MPs urged the future Iraqi government to shoulder its responsibilities and fulfill its obligations towards its neighbor Kuwait repayment of its debts and file and update the implementation of UN...
China agrees to extinguish 80% of the debt owed by Iraq GMT Wednesday, 17 March 2010 15:28 GMT 4306 http://www.alsumarianews.com/ NewsDetails 4306 http://www.alsumarianews.com/ NewsDetails ا Alsumaria News / Baghdad
U.S. Secretary of Defense asked the Saudi king forgive the debt of state on Iraq and open a dialogue with the new government complex The U.S. administration expressed satisfaction with the course of the legislative elections held in Iraq, «it is held in a peaceful environment to a large extent,...
IMF Executive Board Approves US$3.6 Billion Stand-By Arrangement for Iraq Press Release No. 10/60 February 24, 2010 The Executive Board of the International Monetary Fund (IMF) today approved a two-year Stand-By Arrangement for Iraq for an amount equivalent to SDR 2.38 billion (about US$3.64...
Ministry of Finance announced that Iraq's debts arising from his trust towards both Saudi Arabia and Kuwait $ 21 billion, with the Director of public debt in the ministry said most members of the Paris Club had reduced Iraq's debt to 80%. He said Finance Minister Bayan Jabr said in an interview...
Khalid al-Asadi (et al)): on Kuwait to deal positively with the launch of Iraq to reach a solution of the problem He called the United Iraqi Alliance Khalid al-Asadi State of Kuwait to deal positively to be put by the Iraqi government for a solution to outstanding problems between the two...
KUWAIT: The National Assembly Financial and Economic Affairs Committee yesterday discussed potential plans to invest Kuwaiti debt in Iraq with two Iraqi parliamentarians as MPs issued conflicting views over the controversial issue. Rapporteur of the committee MP Abdulrahman Al-Anjari said the Iraqi...
Kuwait, Iraq investment possibility Wednesday, February 10th 2010 1:23 PM Baghdad, Feb. 10 (AKnews) - Kuwait should be cautious in taking any action concerning the proposal on investing in Iraq, instead of collecting compensation for damages caused by the invasion, MP Dr Daifallah...
Kuwaiti MPs yesterday split between supporters and opponents of the issue of replacing the Iraqi debt to invest in Iraq, while stressing the Kuwaiti Crown Prince Sheikh Nawaf Al-Ahmad Al the need for cooperation and coordination for the interests of the country. The House divided on the idea of...
Kuwaiti MPs rejected the conversion of debt to the Kuwaiti Investments, said in remarks quoted by Kuwaiti newspapers that any agreement on this should be with the Council and the new Iraqi government, while others felt that: the compensation is governed by international resolutions, but Iraq's debt...
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