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Arctec

02/09/07 10:27 PM

#3838 RE: Arctec #3837

Iraq reclaims its overdue debts on Yemen and other countries

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07 February 2007 (Iraq Directory)
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The Iraqi government revealed today its constant work for collecting Iraqi money owed to it by Yemen other countries of the world.

A brief statement by government said that "the Iraqi Ministry of Finance continues its work to get Iraq's dues from Yemen, Bangladesh and Mozambique”.

The statement added: "The Ministry of Finance is making actual moves on these borrowers, through the Iraqi External Development Fund, to collect Iraq’s dues from them".

Also, the Ministry is participating in the membership of the operations room associated to the Committee of Restoring Iraqi funds abroad within its attempts in this context.

The government did not reveal the size of the funds owed to Iraq In these countries, or the nature and history of lending.