Alsumaria News / Baghdad
The Central Bank of Iraq, on Tuesday, said Iraq's problem with the debt incurred by him abroad, is with the trade creditors who do not know how many, pointing out that Iraq will form a ministerial committee to find ways to protect the funds abroad after the end of the immunity of American Iraqi funds late next June .
The central bank adviser said the appearance of Mohammed in an interview for "Alsumaria News", "Iraq is serious about closing the debt and there is a future in this context," adding that "Iraq wants to return peacefully to foster international legal and an end to some of the items that complement the exit Iraq from Chapter VII. "
"The Security Council resolution No. 1956 issued on January 15, 2010 gave a period of six months ending on the thirtieth of June next to raise the protection of Iraqi funds approved by the United Nations in May 2003, "adding that" Iraq has fulfilled all its obligations before the international organization and its creditors, from inside or outside the Paris Club. "
Saleh pointed out that "the problem of Iraq is that the debt of it is due to commercial creditors have judicial decisions to seize the funds of Iraq does not know the number," pointing out that "Iraq's fear of the debt of the private sector after June 30 because it is not known and can not estimate the size of those debts ".
The Chancellor denied the rumors, "Iraqi request for the extension of the protection of its funds abroad," adding that "Iraq did not request an extension and asked for the last time for months and Iraq is ready to protect his assets and liquidation of the debt with the countries of the world."
And on the size of commercial debt owed by Iraq, Saleh said that Iraq had "initiated in 2006 to settle more than 13 thousand and 160 creditor commercially according to the Paris Club and the deduction of 80% attained their money in cash, including taking the bonds over 20 years," noting that "some people still insisting, including wealth and bounty hunters who sold there do not know the size of debt and will appear after 30 June next year. "
The Paris Club Economic informal group of financiers from 19 countries of the world's richest countries, which provides financial services such as debt rescheduling and burdens, and debt cancellation to indebted countries and creditors and the IMF had identified the names of those countries after the lead of alternative solutions have failed.
He noted adviser to the CBI that "the Iraqi state operates according to a ministerial committee to find ways to protect the funds and there incubators legal provides protection for the central bank, and this protection may be an incubator of money for the Iraq under certain conditions," adding that "there are plans for the protection of Iraq's assets abroad and the strategies worked by a ministerial committee of the Ministries of Foreign Affairs, Finance and the Central Bank and control, and is supposed to submit its report to the Security Council before the first of May next. "
Concerning the number of creditors who are demanding Iraq's money, "said adviser to the CBI that" former regime borrowed from the entire planet, and the number of creditors in the Paris Club to 19 countries, while numbering outside the Paris Club to 55 countries while trade creditors do not know them. "
Saleh added that "Iraq is ready to settle its debts according to Paris Club terms of reference and the club does not accept any settlement outside its framework, especially before 1990," noting that "the Ministry of Justice works to defend Iraq's rights abroad."
Revealed adviser to the CBI for a "problem in the case of Iraq's debt with the United States of America and so-called claims of harm," adding that "Congress passed a resolution three years ago, demands that Iraq and other countries make up the American citizens who have been harmed and took judicial decisions of this."
The benefit of "an agreement was signed $ 400 million to compensate these people and if Iraq can pay to get a presidential executive order that protects Iraqi funds, and I think it's a good way to protect the funds of Iraq."
He and about the size of Iraq's assets abroad and the proportion of debt that "Iraq's funds is oil revenue monthly and there is no other, except for central bank reserves, the Iraqi reserves, the Iraqi people within the framework of the Iraqi currency, and this is locked because the central bank independent and there is no legal prosecution her because she is immune," he said, adding that "the problem is with government funds and funds that are commercial, however, the Committee of Ministers took all that into consideration."
And on the compensation paid by Iraq to Kuwait, Saleh said that the "compensation of $ 53 billion, and Iraq hit $ 30 billion debt to Kuwait and is still in place and we hope to solve, and the Iraqi government is serious in this regard."
And what is rumored existence of claims of Iranian compensation from Iraq because of Iran-Iraq war, said adviser to the CBI, said that "dialogue and good relations to solve all problems, and Iranian claims have no basis and know the purpose of which is located on the ground," adding that "people have the right Iraq to ask for compensation too, "as he put it.
Iraq has been under since 1990 under Chapter VII of the Charter of the United Nations which provides for the imposition of sanctions after the invasion of the regime of President Saddam Hussein of Kuwait in August of the same year, under the said Chapter shall be entitled to the international community to use force against Iraq as a threat to international security, in addition to freeze large amounts of its assets in the financial world banks to compensate those affected by the invasion of Kuwait
http://www.alsumarianews.com/ar/3/20059/news-details-.html
The Central Bank of Iraq, on Tuesday, said Iraq's problem with the debt incurred by him abroad, is with the trade creditors who do not know how many, pointing out that Iraq will form a ministerial committee to find ways to protect the funds abroad after the end of the immunity of American Iraqi funds late next June .
The central bank adviser said the appearance of Mohammed in an interview for "Alsumaria News", "Iraq is serious about closing the debt and there is a future in this context," adding that "Iraq wants to return peacefully to foster international legal and an end to some of the items that complement the exit Iraq from Chapter VII. "
"The Security Council resolution No. 1956 issued on January 15, 2010 gave a period of six months ending on the thirtieth of June next to raise the protection of Iraqi funds approved by the United Nations in May 2003, "adding that" Iraq has fulfilled all its obligations before the international organization and its creditors, from inside or outside the Paris Club. "
Saleh pointed out that "the problem of Iraq is that the debt of it is due to commercial creditors have judicial decisions to seize the funds of Iraq does not know the number," pointing out that "Iraq's fear of the debt of the private sector after June 30 because it is not known and can not estimate the size of those debts ".
The Chancellor denied the rumors, "Iraqi request for the extension of the protection of its funds abroad," adding that "Iraq did not request an extension and asked for the last time for months and Iraq is ready to protect his assets and liquidation of the debt with the countries of the world."
And on the size of commercial debt owed by Iraq, Saleh said that Iraq had "initiated in 2006 to settle more than 13 thousand and 160 creditor commercially according to the Paris Club and the deduction of 80% attained their money in cash, including taking the bonds over 20 years," noting that "some people still insisting, including wealth and bounty hunters who sold there do not know the size of debt and will appear after 30 June next year. "
The Paris Club Economic informal group of financiers from 19 countries of the world's richest countries, which provides financial services such as debt rescheduling and burdens, and debt cancellation to indebted countries and creditors and the IMF had identified the names of those countries after the lead of alternative solutions have failed.
He noted adviser to the CBI that "the Iraqi state operates according to a ministerial committee to find ways to protect the funds and there incubators legal provides protection for the central bank, and this protection may be an incubator of money for the Iraq under certain conditions," adding that "there are plans for the protection of Iraq's assets abroad and the strategies worked by a ministerial committee of the Ministries of Foreign Affairs, Finance and the Central Bank and control, and is supposed to submit its report to the Security Council before the first of May next. "
Concerning the number of creditors who are demanding Iraq's money, "said adviser to the CBI that" former regime borrowed from the entire planet, and the number of creditors in the Paris Club to 19 countries, while numbering outside the Paris Club to 55 countries while trade creditors do not know them. "
Saleh added that "Iraq is ready to settle its debts according to Paris Club terms of reference and the club does not accept any settlement outside its framework, especially before 1990," noting that "the Ministry of Justice works to defend Iraq's rights abroad."
Revealed adviser to the CBI for a "problem in the case of Iraq's debt with the United States of America and so-called claims of harm," adding that "Congress passed a resolution three years ago, demands that Iraq and other countries make up the American citizens who have been harmed and took judicial decisions of this."
The benefit of "an agreement was signed $ 400 million to compensate these people and if Iraq can pay to get a presidential executive order that protects Iraqi funds, and I think it's a good way to protect the funds of Iraq."
He and about the size of Iraq's assets abroad and the proportion of debt that "Iraq's funds is oil revenue monthly and there is no other, except for central bank reserves, the Iraqi reserves, the Iraqi people within the framework of the Iraqi currency, and this is locked because the central bank independent and there is no legal prosecution her because she is immune," he said, adding that "the problem is with government funds and funds that are commercial, however, the Committee of Ministers took all that into consideration."
And on the compensation paid by Iraq to Kuwait, Saleh said that the "compensation of $ 53 billion, and Iraq hit $ 30 billion debt to Kuwait and is still in place and we hope to solve, and the Iraqi government is serious in this regard."
And what is rumored existence of claims of Iranian compensation from Iraq because of Iran-Iraq war, said adviser to the CBI, said that "dialogue and good relations to solve all problems, and Iranian claims have no basis and know the purpose of which is located on the ground," adding that "people have the right Iraq to ask for compensation too, "as he put it.
Iraq has been under since 1990 under Chapter VII of the Charter of the United Nations which provides for the imposition of sanctions after the invasion of the regime of President Saddam Hussein of Kuwait in August of the same year, under the said Chapter shall be entitled to the international community to use force against Iraq as a threat to international security, in addition to freeze large amounts of its assets in the financial world banks to compensate those affected by the invasion of Kuwait
http://www.alsumarianews.com/ar/3/20059/news-details-.html
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