To extend payments to the compensation fund another year




Views 3 Date 03/11/2016 - 12:49

Economy News / Baghdad ...


The Committee of Financial Experts problem confirmed by a decision of the Council of Ministers, on Thursday, that the Compensation Commission in Geneva and agreed to postpone payments to the Compensation Fund for another year.

The Chairman of the Committee of Financial Experts Abdul Basit Turki Saeed, said in a statement "the economy News" received a copy of it, he was "by participating in meetings of the Eighty-first Session of the Council of the Compensation Commission held management in Geneva, the Council issued a set resolutions included the approval of the extension to postpone payment of 5% of oil revenues to the compensation fund for another year. "

He said that the Turkish "The deadline ends on the first of January 2018," noting that "the approval of the extension came coincide what Iraq is going through financial hardship as well fight to organize Daesh which requires large sums of money."


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