May 25, 2010
Financial control: to study the possibility cope with the transition from the Development Fund for Iraq to an alternative system
بغداد(الاخبارية).. Baghdad (News) ..
Chairman of the Board of Supreme Audit Court considered the possibilities that can cope with the transition from the Development Fund for Iraq to an alternative system which may endanger the Iraqi money to a loss of international immunity and thus into custody.
Dr. Abdul Basit Turki (of the Agency by news) said Tuesday that the Court examined the mechanisms proposed to ensure immunity to Iraqi funds abroad and the role of the International Organization and the United States in this, as the government's efforts to settle the outstanding debt and successes with the Paris Club countries to reach a settlement more than 51 billion dollars.
He added that reached with creditor countries outside the Paris Club to adjustments in accordance with conditions similar to the club of nations with the exception of 13 countries, including countries of the Gulf Cooperation Council reaffirms the commitment of the Government of Iraq to settle debts and demands inherited from the former regime, resolution and processed.
Financial control: to study the possibility cope with the transition from the Development Fund for Iraq to an alternative system
بغداد(الاخبارية).. Baghdad (News) ..
Chairman of the Board of Supreme Audit Court considered the possibilities that can cope with the transition from the Development Fund for Iraq to an alternative system which may endanger the Iraqi money to a loss of international immunity and thus into custody.
Dr. Abdul Basit Turki (of the Agency by news) said Tuesday that the Court examined the mechanisms proposed to ensure immunity to Iraqi funds abroad and the role of the International Organization and the United States in this, as the government's efforts to settle the outstanding debt and successes with the Paris Club countries to reach a settlement more than 51 billion dollars.
He added that reached with creditor countries outside the Paris Club to adjustments in accordance with conditions similar to the club of nations with the exception of 13 countries, including countries of the Gulf Cooperation Council reaffirms the commitment of the Government of Iraq to settle debts and demands inherited from the former regime, resolution and processed.
The Court held a seminar attended by the chairpersons for the purpose of informing them of the developments in the work of the Court and the Iraqi Committee of Financial Experts of the interdependence of their work.
*** New Mechanism to Guarantee Protecting Iraqi Money
