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Found 1 result

  1. Luigi says... Iraq has completed everything...nothing left to do says the Gurus. BS. No RV until Iraq complies to all of C7. No RV this year or next year, possibly. Kuwait tells Iraq & UN, no deal...pay us. 8-24-2017 Intel/Newshound Guru another site According to a recent United Nations report, Iraq has made no attempts to pay an ongoing debt. Apparently, the Chapter VII Iraq compensation file owes the Kuwaiti government $5bln for the last two years for oil and food. PM al-Abadi suggested that Kuwait forgive the loan entirely and reportedly the Kuwaiti Emir declined. You can expect Iraq to remain under UN Chapter VII for at least a few more years. At the present time, there is no chance that the Iraqi government would be able to pay the money owed to Kuwait. The Iraqi government has a $25bln dollar deficit and they currently need all the money that they can get their hands on.
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