Saudi Arabia on Iraq debt reached $ 42 billion

[ltr]



02/07/2013


BAGHDAD / JD / .. Finance Committee confirmed that the size of Saudi Arabia and the debt has reached $ 42 billion after it was $ 19 billion due to accrued interest. 

A member of the Finance Committee Abdul-Hussein al-Yasiri told / JD / Saudi Arabia Iraq was demanding 19 billion but with the benefits become $ 42 billion. 

Yasiri between: that Saudi Arabia refused to reduce debt like it did, America, France and some of the countries that were part of the Paris Club. 

He added that the size of Iraq's debt of 140 billion dollars, but most countries have reduced their debt and some of them fully waiver of debt, such as the United States of America. 

He continued: that the Iraqi economy has become free and in the possibility of Iraqi banks to transfer money to the outside, without being confiscated after coming out of Chapter VII
The money, which will be at the disposal of the Central Bank of Iraq after coming out of Chapter VII of money estimated at $ 82 billion. 

A member of the House of Representatives MP Habib Terminal in an earlier statement to Agence / JD /: that the volume of الامول Iraq that would accrue to the Central Bank after the withdrawal of Iraq from Chapter VII is estimated at $ 82 billion, which will cover the dinar and contributes to the lifter economic situation. 

And between Terminal: The state as measured from the balance and has today become a fully sovereign Iraq and and security Aahdd and international peace and is supposed to benefit as much as possible from this positive step. 

He explained that the Iraqi diplomacy succeeded in improving Iraq's relationship with the region and the world functions and to return to the course that was played in the past. / End / Hossam Ghanem /[/ltr]



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