Iraq pays 490 million dollars in compensation to Kuwait
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Iraq pays 490 million dollars in compensation to Kuwait
by RamblerNash Wed Nov 03, 2021 10:26 pm
Tuesday 02 November 2021 21:44
Baghdad / NINA / - Kuwait received 490 million dollars from Iraq, in compensation for damages resulting from the Iraqi invasion of Kuwait in 1990.
The Iraqi embassy in Kuwait stated in a statement: "Iraq paid the State of Kuwait on 26/10/2021 an amount (490) million dollars And he will pay the remaining amount of compensation in early 2022, estimated at about $629 million.
Baghdad has paid about $50 billion in compensation in the past three decades, with the compensation money coming from a tax levied on sales of Iraqi oil and its products.
The financial payments were stopped between 2014 and 2018 due to the security crisis in Iraq and the control of ISIS over large parts of the country./End of 9
https://ninanews.com/Website/News/Details?key=936799
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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