The Central Bank of Iraq announces the suspension of the automatic deduction of Kuwait’s compensation

The Central Bank of Iraq announces the suspension of the automatic deduction of Kuwait’s compensation

The Central Bank of Iraq announces the suspension of the automatic deduction of Kuwaits compensationThe Central Bank of Iraq announces that it has terminated all necessary banking arrangements with the US Federal Reserve to stop the automatic deduction of Kuwait’s compensation from Iraqi crude oil export revenues, and confirms the possibility of paying the entire remaining amount of compensation before the end of the current year 2021 to end this file.

Central Bank of Iraq
information Office
December 9, 2021

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