Member of Finance Committee: Iraq got the last extension of the protection of its funds deposited out
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Member of Finance Committee: Iraq got the last extension of the protection of its funds deposited out
Date: Thursday, 05/31/2012 13:43
Baghdad (news) .. Revealed a member of the Finance Committee MP / National Alliance / Magda al-Tamimi, from Iraq to get another extension to protect his money deposited in international banks.
Tamimi said (of the Agency news) said on Thursday that Iraq had in the past month on the last extension of the protection of its funds from abroad for a year by the U.S. administration.
She added the government move to file the settlement funds with commercial creditors who Athoudron to raise the claims on the country to obtain the debt after the end of the period of protection, noting that the amount of debt owed by Iraq for these creditors is estimated at one billion and a half billion dollars.
She explained: that some of the creditors known to the Ministry of Finance and Central Bank of Iraq, while others are not known so far.
The proposed settlement of a debt with trade creditors of their debts through the purchase of the lowest price possible and to avoid problems for Iraq can cost vast sums of money from abroad. / Finished / 8. D. Q /
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