CBI: $21 million debt settlement involves more than 13,000 commercial creditors outside of Paris Club agreement

August 30th, 2012 08:36 am

Central Bank of Iraq for “debt settlement more than 13 thousand creditor commercial for Iraq outside the Paris Club.

Said the deputy governor of the Bank the appearance of Mohammed Saleh told the National Iraqi News yesterday that” the amount that was settled for trade creditors is $ 21 billion the rest of it about $ 2.7 billion to pay government bonds repayable in 2028 Pfaúd 5.8%.

“The sovereign debt outside the Paris Club, which dates back to 55 countries, is now less than $ 20 billion in terms extinguished 12 countries including the debts on Iraq, while the member states of the Paris Club was payable for Iraq at $ 38.9 billion extinguished them more than 80% of those debts. “and was external debt Iraqi reached about 87.7 billion dollars in 2010, including about $ 45 billion for the Gulf states. said the Iraqi Central Bank said that” the end Chehrhuzeiran of the year 2013 will identify all debt owed by Iraq and know exact amounts for it. “

The deputy governor of the Bank the appearance of Mohammed Saleh earlier told the National Iraqi News / Nina / it is “reasonable nor acceptable continuing claim to extend the protection of Iraqi funds abroad, where the middle of next year will see full resolution of this file.”[b]


http://www.almashriqnews.com/inp/view.asp?ID=26643