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Al-Dabbagh: formation of a higher committee to scrutiny and disbursement of the dues of the private sector of national and foreign and international organizations

02-12-2011 | (the Voice of Iraq) - add comment - 2 december 2011 , said the official spokesman of the Iraqi government, Ali al-Dabbagh that the Council of Ministers decided to approve the recommendation of the Committee on Economic Affairs benefits individuals and private companies from National and foreign and international organizations, taking into account the opinion of the Legal Service of the secretariat of the Council of Ministers on the private sector's debts national except the membership of the Inspector-General of being non-legal, economic affairs committee authorized the formation of a supreme committee to scrutiny and drainage The dues of the private sector whether more than 10 million dinars, or less the amount of exchange shall be without interest implications. He pointed out that the approval of the al-Dabbagh to scrutiny and disbursement of the dues of the private sector of national and foreign and international organizations comes in the interest of the Iraqi Government to the application of regulations and international obligations, including international obligations of the Paris Club on debt and the fulfilment of the international obligations through debt repayment to waive Iraq to give credibility in the economic relations between Iraq and the world's countries being back to the international community its weight it deserved.
Al dabagh explained that the Economic Affairs Committee had recommended to subject the private sector's debts foreign to the Convention on the Paris Club in line with the orientations of the Iraqi government not to differentiate between creditors and the need to subject the rule of one apply to all. He added al-Dabbagh, claims he prove that their health will be announced and shall be transmitted to the judiciary where will the supreme committee for the liquidation of the dues of the private sector to develop a mechanism for Iraqi exchange has recovered and identify the necessary conditions to ensure the health of debt and follow-up operations of firing exchange and any other cases.

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