Iraq's Odious Debts

Iraq’s debts estimated at $30 billion

Japan Today, Japan
June 13, 2003

TOKYO — Iraq’s outstanding debts to foreign governments are estimated at about $30 billion, a senior official of the Finance Ministry said Thursday.

Hiroshi Watanabe, director-general of the Finance Ministry’s International Bureau, told reporters that the Paris club of 19 major creditor nations is expected to discuss the matter at a meeting in July or later.

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