Friday, April 20, 2007

 

Iraq appeals to Egypt to wipe out Iraqi debts owed

Finance, International
(VOI) – Iraqi Finance Minister Baqer Jabur Solagh urged his Egyptian counterpart Boutros Ghali to wipe out the huge debts owed by the Iraqi government, as Egypt is the host country for the international conference on Iraq this May."The Egyptian minister presented the idea to Egyptian President Hosni Mubarak and vowed to forgive Iraq's debts by 100% as a sign of Egypt's support of the Iraqi government," the Iraqi Finance Ministry said in a statement received by the independent news agency Voices of Iraq (VOI).
"There are (also) good signs from Saudi Arabia on forgiving Iraq's debts. Iraqis are looking for such a step, especially from Arab neighboring countries," the statement added. "There are also contacts and talks with Kuwait and Turkey for the same purpose," it noted. "The Iraqi minister also met with his Slovenian counterpart to urge him to wipe out Iraq's debts, highlighting the importance of Slovenian participation in Iraq's conference," the statement said. The conference will be held at the Egyptian Red Sea resort of Sharm el-Sheikh from 3-4 May, 2007.

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