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Iraq’s plea for debt cancellation
MANAMA, Dec 13: Deputy Prime Minister Barham Saleh reiterated on Saturday a call for Iraq’s creditors to cancel the foreign debt of the country that was accumulated by the former regime.
“Time has come to relieve Iraq from the burden of the debt inherited from Saddam Hussein’s regime,” Saleh told participants in the fifth Regional Security Summit, known as The Manama Dialogue.
Post-Saddam governments have all urged oil-rich Arab countries to cancel Iraq’s debt, mostly comprised Gulf support to Iraq during its war with Iran in the 1980s, as other creditors agreed to cancel debt.—AFP
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