Iraq to Settle Jordan's Debts


(MENAFN- Qatar News Agency) The Iraqi government has authorized Iraqi Minister of Finance and the Governor of the Central Bank of negotiation and debt settlement Jordanian and Egyptian on Iraq, according to an agreement, "the Paris Club Jordan News Agency "Petra" quoted sources close to the Iraqi government as saying on Wednesday that "The Iraqi government has decided to settle the money that the Jordanian government to act and to present the settlement if finalized," indicating that it "will be also with respect to funds Egyptian The Economic Club of Paris" had in 2004 decided to write off Iraq's debts , which is an informal group of financiers from 19 countries of the richest countries in the world that offer financial services such as debt restructuring, debt relief and debt cancellation on the debtor and creditor countries and identifies the International Monetary Fund names of those States. Specialists estimated total debt of Iraq because of the policies of the former regime at 115 billion dollars has been waived Russia for more than 90% of its debt and China about 80% of the debt and the United Arab Emirates all debts, while Japan has ceded 85% of its debt and promised to consider the remaining amount, as did many countries.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.