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Aggiedad77 says time will tell if we are at the end of the story
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Aggiedad77 says time will tell if we are at the end of the story
Aggiedad77
Article: "Iraq's Abadi says committed to pay Kuwait compensations" Quote: "Iraqi Prime Minister, Haider Abadi confirmed Wednesday his country's commitment to pay the rest of Kuwait compensation estimated at $ 4.6 billion."
I hope what Abadi is saying is that Iraq is at the end of the story book here with Kuwait and will be completing the final chapter in the next few hours (24-48)...time will tell...I have confidence that good is coming from his meeting there last week...IMO.
6-29-2017
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Kuwait
I don't understand.
Iraq came to an agreement to pay Kuwait $4.6 billion.
There is no timeframe announced.
Since Iraq's foreign reserves are now half of what they were just a couple of years ago, they do not have any option to pay Kuwait anything at this time.
Additionally, Iraq continues to borrow billions from the IMF/World Bank. I do not think they would look kindly of handing over billions to Iraq to give to Kuwait.
I think I have that right!
Iraq came to an agreement to pay Kuwait $4.6 billion.
There is no timeframe announced.
Since Iraq's foreign reserves are now half of what they were just a couple of years ago, they do not have any option to pay Kuwait anything at this time.
Additionally, Iraq continues to borrow billions from the IMF/World Bank. I do not think they would look kindly of handing over billions to Iraq to give to Kuwait.
I think I have that right!
Scotchie- VIP Member
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Join date : 2017-04-15
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