Counselor for Economic for Ebadi: Iraq ready to settle any debt

Counselor for Economic for Ebadi: Iraq ready to settle any debt

08/02/2017 14:32

Counselor for  Economic  for Ebadi - Iraq  ready  to settle  any  debt  correct.okd Economic adviser to Iraqi Prime Minister, the appearance of Mohammed Saleh, his country’s readiness to settle any debt unproven by the Paris Club, noting that some people call Bmdioniat Iraq is real.

Saleh said in an interview with “Sputnik,” Some people give figures confused about reality, such that “there are $ 40 billion has not been settled yet, but it is not a real debt, and even if they are correct must be subject to the scrutiny of the Paris Club and deducted them 80 percent or more, “but he stressed that” countries that claim the debt did not call them because they are embarrassing. ”

World Bank building in Washington
© AFP 2016 / TIM SLOAN
World Bank impose a requirement unusual to lend to Iraq
The Iraqi official expressed the view that the whole issue of “political”, and they do not need those debts and are aware that if they asked for it will open the doors do not want to open it “, and stressed that in the end” will be written off. ”

In response to a question about the recovery of Iraqi funds smuggled abroad, Saleh said that “The government has approved the recovery of Iraqi funds law, and entered into a Memorandum of Understanding with the United Nations to recover funds Iraq in general, the memorandum concluded two months ago with the United Nations Development Programme to combat corruption and recover all Iraqi funds Abroad”.

Includes general budget for 2017 in Iraq amount of just over $ 5 billion at least to pay for internal and external debt payments, this has a projected budget deficit of more than $ 18 billion, covering internal and external debt, most notably loans from the United States, Britain, France, Canada, Italy, Sweden, Japan, and the World Bank international and the international Monetary Fund, Islamic development Bank and other banks.

And saw an economic adviser to Iraqi Prime Minister, the appearance of Mohammed Saleh, there are plenty of investment opportunities in the Iraqi market through which to increase cooperation with Russia and opening it, and to deepen economic ties.

Saleh pointed out, in an interview with “Sputnik”, that the main areas in which Russia can invest in Iraq is “Housing and Reconstruction, roads and transportation, and improve some Iraqi industries, especially as Iraq and Russia Mottaghan toward a market economy, thus enhancing the common cultural links and common understanding The worker geographical attractions”.

According to the Iraqi economic official, the “Iraq has been linked economically with Russia since the establishment of the First Republic, which concluded with a joint cooperation was signed by Economy Minister Ibrahim Kubba agreements, Russia has provided whereby 70 plants to Iraq and established the second generation of Iraqi industry, including textile factories and public companies of various industries”.