[size=30]Al-Kazemi’s advisor presents a proposal regarding financial compensation for Kuwait[/size][You must be registered and logged in to see this image.]
Saleh said in a statement followed by NRT Arabia, (5 October 2021), that "the money that has been going outside the national economic cycle in the form of war compensation since 1996, and amounted to $52.4 billion, will turn its deducted annual flows to serve the interest of the national economy, especially in achieving Financial space in the sovereign resources of Iraq, with an average of no less than two billion dollars annually, according to the current oil prices, to contribute to enhancing the financial sustainability of Iraq.
He added, "I find it necessary to maintain the path of the transformation of the corresponding amounts of compensation to be savings that flow into the national economy cycle, especially the trend towards financing income-generating investment projects, which is a positive cumulative development process that contributes to promoting growth in the gross domestic product at accelerated rates, after the war compensations were It constituted a negative deduction and a drain on the national income cycle and over the past three decades, as Iraq paid a high direct price in it between war compensation and the costs of the inspection teams, and indirect costs represented in the destruction of Iraq's infrastructure due to the operations of the previous Gulf War, reckless war conflicts and disruption of economic growth opportunities that all formed The costs and burdens may be ten times more than the compensation amounts mentioned.”
Salih explained, "The shift from the political economy of the war that Iraq fought between 1990-2003, to the political economy of peace means a shift towards development, progress, stability and building prosperity in a new Iraqi era."
Al-Kazemi's advisor, Mazhar Muhammad Salih, had confirmed earlier that Iraq would end Kuwait's compensation file in early 2022, while revealing the size of the financial compensation paid by Iraq during the past three decades.
Salih stated, "Based on UN Security Council Resolution No. 692 issued on March 20, 1991, it was decided to establish the so-called United Nations Compensation Committee (UNCC) to deal with compensation claims resulting from Iraq's invasion of Kuwait in August 1990, as Iraq had to pay compensation to international and Kuwaiti individuals and entities amounting to In total, approximately $52.4 billion, according to compensation lists approved by the United Nations Compensation Fund.
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