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[size=36]The Central Bank announces the completion of the last remaining installment of Kuwait compensation[/size]
Economie| 10:54 - 21/12/2021
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Baghdad - Mawazine New
The Central Bank of Iraq announced the completion of the last remaining installment of Kuwait's compensation, amounting to 44 million dollars.
The bank stated in a statement received by Mawazine News that "the payment of the last remaining installment of the State of Kuwait's compensation amounting to 44 million US dollars has been completed, and thus Iraq has completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution (687). ) for the year 1991, with a total of (52.4) billion US dollars for the State of Kuwait.
He added, "It is hoped that ending the payment of compensation will contribute to removing Iraq from Chapter VII, as well as its impact on reintegrating the Iraqi banking system into the global banking system and benefiting from the financial abundance that will be achieved." Ended 29 / p. 87
The bank stated in a statement received by Mawazine News that "the payment of the last remaining installment of the State of Kuwait's compensation amounting to 44 million US dollars has been completed, and thus Iraq has completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution (687). ) for the year 1991, with a total of (52.4) billion US dollars for the State of Kuwait.
He added, "It is hoped that ending the payment of compensation will contribute to removing Iraq from Chapter VII, as well as its impact on reintegrating the Iraqi banking system into the global banking system and benefiting from the financial abundance that will be achieved." Ended 29 / p. 87
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