June 16, 2010Gov’t settles down Madagascar’s debt to Iraq
BAGHDAD / Aswat al-Iraq: Iraqi Council on Ministers has decided to approve an agreement that settles down Madagascar’s debt to Iraq.
“Eighty percent of the debt (i.e. $234,507,234) has been cancelled,” the Iraqi government said in a release on Wednesday as received by Aswat al-Iraq news agency.
He noted that the 20 percent left will be paid on dispatches.
“The $46,901,446 will be paid over a period of seven years, with a payment dispatch every six months,” the statement explained.
It noted that the first payment should be made on Nov. 15, 2011.
http://en.aswataliraq.info/?p=133290
BAGHDAD / Aswat al-Iraq: Iraqi Council on Ministers has decided to approve an agreement that settles down Madagascar’s debt to Iraq.
“Eighty percent of the debt (i.e. $234,507,234) has been cancelled,” the Iraqi government said in a release on Wednesday as received by Aswat al-Iraq news agency.
He noted that the 20 percent left will be paid on dispatches.
“The $46,901,446 will be paid over a period of seven years, with a payment dispatch every six months,” the statement explained.
It noted that the first payment should be made on Nov. 15, 2011.
http://en.aswataliraq.info/?p=133290
