Economist: Iraq has taken measures sufficient to protect his assets abroad

Economist: Iraq has taken measures sufficient to protect his assets abroad

04/07/2014 12:13

Economist-Iraq has taken measures sufficient to protect his assets abroadBaghdad – and babysit – the economic expert Majid picture, that Iraq has taken measures during the past two years is enough to protect Iraqi funds for the claim is legitimate in general.
And said the picture told (public opinion): “that the claims of the public and private sector have been fully resolved, and there are some claims simple, even sector U.S. private has been settled after payment of 400 million dinars, which is in the process of resolving the debt of the private sector which is the limits of two million billion dollars.” . And as much as the picture size of Iraqi funds abroad up to 6.2 billion dollars, adding that “the decision was taken that the Central Bank of Iraq is the one who shall move the money, and according to the central banks these funds are protected and may not be agitated,” he said, adding that “claims illegal affect the Paris Club agreement, which stipulates that may not meet all the requests at once. ”

The next witness Date 05/22/2014 change economically and strategically a lift protection for Iraqi funds deposited in banks in the United States. Deputy Governor of the Central Bank of the previous appearance of Mohammed Saleh: “It’s (22 May 2014), will raise U.S. protection for Iraqi funds deposited in the” Development Fund for Iraq, “and will receive the responsibility of the Iraqi Central Bank directly, after the withdrawal of Iraq from Chapter VII in (27 June 2013). “according to the newspaper uprightness

He stressed that: “Deposits Development Fund for Iraq, which come from oil imports have been deposited in the Reserve Bank and the U.S. is a discount of 5% of Kuwait’s compensation in accordance with Section VII imposed by the United Nations against Iraq.” Q, Q

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