To extend payments to the compensation fund another year

The Committee of Financial Experts problem confirmed by a decision of the Council of Ministers, on Thursday, that the Compensation Commission in Geneva and agreed to postpone payments to the Compensation Fund for another year.

The Chairman of the Committee of Financial Experts Abdul Basit Turki Saeed, said in a statement "the economy News" received a copy of it, he was "by participating in meetings of the Eighty-first Session of the Council of the Compensation Commission held management in Geneva, the Council issued a set resolutions included the approval of the extension to postpone payment of 5% of oil revenues to the compensation fund for another year. "

He said that the Turkish "The deadline ends on the first of January 2018," noting that "the approval of the extension came coincide what Iraq is going through financial hardship as well fight to organize Daesh which requires large sums of money."


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Kuwait postpone the compensation owed by Iraq until 2018

Geneva -arac Press November -3: the Committee of Financial Experts problem announced by a decision of the Council of Ministers that the Compensation Commission in Geneva and agreed to postpone payments to the Compensation Fund for another year.

The Chairman of the Committee of Financial Experts Abdul Basit Turki Saeed said in a statement, said he "and by participating in meetings of the Eighty - first Session of the Council of the Compensation Commission held in Geneva administration, the Council issued a set resolutions included the approval of the extension to postpone payment of 5% of the oil revenues to the Compensation Fund for one year Other ".

He said that the Turkish " The deadline ends on the first of January 2018, noting that" the approval of the extension came coincide what Iraq is going through financial hardship as well fight to organize Daesh which requires large sums of money. "

The United Nations has estimated the damage to the Iraqi invasion of Kuwait in August 1990 in excess of $ 23 billion.

In 2014 , the State of Kuwait has agreed to a request from Iraq to postpone the payment of the last payment of compensation imposed by the United Nations Security Council for its invasion of Kuwait in 1990 for one year.

In 2015 , the State of Kuwait has renewed its agreement to postpone the compensation owed by Iraq to Kuwait to defer payment for one year, in a move by Kuwait more than once about Alarac.anthy (1)


http://www.iraqpressagency.com/?p=220951&lang=ar