Iraq's Odious Debts

U.S.’s Snow has figure in mind

by Glenn Somerville/Reuters, Forbes.com
November 17, 2003
In Europe to discuss trade issues, U.S. Treasury Secretary John Snow told reporters he had a figure in mind for how much Iraqi debt should be forgiven. “It has to be a debt level that’s sustainable and that doesn’t cripple the country going forward, suffocate it,” he said.

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