Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


2 posters

    Algeria cancelled its debt on Iraq

    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19

    Algeria cancelled its debt on Iraq Empty Algeria cancelled its debt on Iraq

    Post by Hkp1 Sun 02 Jun 2013, 4:10 pm

    Algeria cancelled its debt on Iraq



    Saturday, 01 June 2013 16: 45


    The Algerian Government on Saturday announced the cancellation of their debt on Iraq.

    Spokesman
    of the Ministry of Foreign Affairs, the Algerian Amar Belani told
    reporters that "the Algerian Government has since 2010 to cancel the
    debt of two members of the Arabic League, Iraq and Yemen worth more than
    $ 500 million.

    The Algerian official described the initiative as
    "within the context of continued support for Arabic Algeria
    particularly in situations that call for solidarity actions directly
    related to supporting reconstruction and economic and social development
    efforts".Finished.

    [You must be registered and logged in to see this link.]
    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19

    Algeria cancelled its debt on Iraq Empty Algeria cancelled 500 million dollars of debt owed by Iraq and Yemen since 2010

    Post by Hkp1 Sun 02 Jun 2013, 4:39 pm

    Algeria cancelled 500 million dollars of debt owed by Iraq and Yemen since 2010



    01/06/2013-5: 31 pm

    The
    Algerian Government announced here today it had cancelled on Iraq and
    Yemen since the year 2010 two debts worth a total of more than half a
    billion dollars, after the announcement of the cancellation of $ 900
    million of the debt of 14 African countries.

    The Agency quoted
    the Kuwaiti Kuna news spokesman of the Algerian Foreign Ministry Kawada
    said that "this initiative falls within the context of continued support
    for Arabic Algeria particularly in situations that call for solidarity
    actions directly related to supporting reconstruction and economic and
    social development efforts.

    The Algerian Government declared last
    Wednesday to cancel the debt of 14 African countries estimated at 209
    million dollars on the occasion of the fiftieth anniversary of the
    Organization of African Unity in 1963, which has now become the African
    Union.

    And the Iraqi Government inherited that formed after the
    defeat of the deposed dictatorship heavy economic and social legacy,
    complete destruction of infrastructure and the most influential are the
    large debt, particularly foreign ones where the then estimated between
    130-140 billion dollars formed between 500-600% of GDP and about 700-800
    of its resources at the time.

    And had to deal with this debt
    because the continued presence would not restore the Iraqi economy has
    rebounded because of this ring throttle add to discourage the inflow of
    foreign capital, and also had to deal with this debt in a positive
    manner and conduct negotiations with creditors and to the success of the
    negotiations with the creditors were divided into four groups to easily
    negotiate with each group

    [You must be registered and logged in to see this link.]
    notazbad2000
    notazbad2000
    NNP TEAM
    NNP TEAM


    Posts : 5132
    Join date : 2012-12-19
    Age : 61
    Location : The Sunshine State

    Algeria cancelled its debt on Iraq Empty Algeria writes off its debts on Iraq

    Post by notazbad2000 Mon 03 Jun 2013, 4:53 am

    Algeria writes off its debts on Iraq


    Added by [You must be registered and logged in to see this link.] on June 1, 2013.
    Saved under [You must be registered and logged in to see this link.]
    Tags: [You must be registered and logged in to see this link.]

    [You must be registered and logged in to see this image.]
    <p style="text-align: justify;"><p style="text-align: justify;"><p style="text-align: justify;">(IraqiNews.com) The Government of Algeria announced writing off its debts on Iraq.
    <p style="direction: ltr;">The official spokesperson of the Algerian Foreign Affairs Ministry, Ammar Balani, reported in press statement ”The Government of Algeria canceled its debts on two members in the Arab League.”
    <p style="direction: ltr;">“The Algerian Government canceled more than USD (500) million as debts on Iraq and Yemen,” the statement added.
    <p style="direction: ltr;">The Algerian official described this gesture “To be within the support of the Algerian Government to the Arab States, particularly, the countries which require cooperative acts regarding the rebuilding and social development.” \END\


    Read more: [You must be registered and logged in to see this link.]
    Follow us: [You must be registered and logged in to see this link.] | [You must be registered and logged in to see this link.]


    _________________
    TAZ

    The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
    Martin Luther King Jr., Strength to Love, 1963


    Sponsored content


    Algeria cancelled its debt on Iraq Empty Re: Algeria cancelled its debt on Iraq

    Post by Sponsored content


      Current date/time is Tue 26 Nov 2024, 11:38 pm