February 24, 2010Ministry of Finance: $21 billion the size of debts to Kuwait and Saudi Arabia on Iraq ...
BAGHDAD (Iba) ...Ministry of Finance announced that "Iraq's debts arising from his trust towards both Saudi Arabia and Kuwait, amounting to twenty-one billion dollars.
He said Finance Minister Bayan Jabr told a news briefing that "the debt owed by Iraq to Saudi Arabia and Kuwait are divided by fifteen billion dinars to Saudi Arabia and six billion dollars to Kuwait," noting that "efforts are being made between the two sides to resolve the debt issue."
"Now that" Iraq is finished file its foreign debt with the exception of some of the world, including Saudi Arabia, Kuwait, Turkey, China, Poland, revealing a close agreement with China to reduce eighty percent of Iraq's debt amounting to eight billion five hundred million dollars.
Related article ~ China to write off 80 percent of Iraq debt ...
