(June 13, 2003) Iraq’s outstanding debts to foreign governments ?19 creditor nations known as the Paris Club ?are estimated to be around US$30 billion, a Japanese business official announced Thursday.
Other News Sources
Government plan threatens three rural power providers
(June 13, 2003) Three independent rural electricity enterprises in the Banteay Meanchey provincial capital of Sisophon are smarting as they face imminent closure now that state-run Electricite du Cam-bodge is poised to take their place, a government official said Wednesday.
Geological threats loom over new towns
(June 12, 2003) Residents of Badong, Wushan and Fengjie are working around the clock to strengthen the foundations of their new towns, which are being built in a geologically fragile region prone to landslides and riverbank collapses.
State could reclaim illegally sold Klong Dan project land
(June 12, 2003) Arrest warrants could be issued by the end of June for companies and state officials involved in the sale and acquisition of 1,903 rai land for the Klong Dan wastewater treatment project.
Top adviser backs debt forgiveness
(June 12, 2003) Richard Perle, the influential Pentagon adviser, on Wednesday called for the complete forgiveness of Iraqi national debt, an act which would teach banks the risks of lending to a "vicious dictatorship".
Adviser backs debt forgiveness
(June 12, 2003) Richard Perle, the influential Pentagon adviser, on Wednesday called for the complete forgiveness of Iraqi national debt, an act which would teach banks the risks of lending to a "vicious dictatorship".
Iraq’s foreign assets put at [US]$18 billion
(June 12, 2003) Iraqi former finance ministry director general, Fayek Abdel Rasul, estimates Iraq’s foreign worth at more than US$18 billion. The assets were distributed in several foreign banks and as much as US$7 billion had been frozen.
Officials to be sued in Klong Dan scandal
(June 12, 2003) Senior officials involved in the purchase of land for the Klong Dan wastewater treatment project site will be sued for Bt1.9 billion in damages caused, a senior policeman said yesterday.
Early warning report to review Bulgaria’s politics, Business
(June 11, 2003) One of the hottest issues of Bulgaria’s international policy – the Iraqi debt – depends entirely on the pace of the reconstruction in the crisis region, the country’s Deputy Foreign Minister Petko Draganov said.
Dealing with Iraq’s national debt
(June 11, 2003) Sinan M. Ridha al-Shabibi, consultant to the United Nations Conference on Trade and Development, says Iraq has a case for debt forgiveness: "Iraq’s exceptional case derives from the sanctions and wars and poverty which it has suffered."
Redemption of Iraqi debt to Bulgaria depends on post-war recovery: official
(June 11, 2003) The redemption of a US$1.7 billion debt Iraq owes to Bulgaria will depend on the Arab country’s post-war recovery, Bulgaria’s Deputy Foreign Minister Petko Draganov said.
Dealing with Iraq national debt
(June 11, 2003) Sinan M. Ridha al-Shabibi, consultant to the United Nations Conference on Trade and Development, says Iraq has a case for debt forgiveness: "Iraq exceptional case derives from the sanctions and wars and poverty which it has suffered.
Analysis: A blind eye
(June 10, 2003) Whitehall’s export credits guarantee department helps British companies win contracts overseas – but does it also underwrite corruption?
Japan has [US]$7 billion in loans outstanding to Iraq, Nikkei says
(June 10, 2003) Japan will report it has about US$7 billion in loans outstanding to Iraq when it meets as part of a group of 19 creditor nations, known as the Paris Club, at its two-day meeting starting June 10, the Nihon Keizai newspaper reported.
Debt campaigners propose strategies to revitalise the debt movement
(June 9, 2003) A range of strategies and concrete actions proposed in the framework of a reaffirmation of unity in fighting for debt cancellation were the main results of a World Council of Churches (WCC) workshop that addressed debt campaign divisions.


