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Council of Ministers constituted a committee to audit and pay the dues of the private sector
Topic 3 has been read times
03/12/2011
BAGHDAD - Al Sabah
Cabinet decided to form a higher committee to audit and pay the dues of the private sector of local and foreign and international organizations, while stressing that the Committee on Economic Affairs recommended to place debt foreign private sector to the Paris Club agreement, pledged to refer the claims in debts, which proves to be incorrect to justice.
He said government spokesman Ali al-Dabbagh said in a statement issued by and received the "morning," a copy of it, "The Council of Ministers decided yesterday, to approve the adoption of the recommendation of the Committee on Economic Affairs on the entitlements of individuals and private companies of national and foreign and international organizations."
"The approval will take into account the the opinion of the Legal Department of the Secretariat of the Council of Ministers on the debt of the national private sector except for the membership of the Inspector General as illegal and that authorize the Commission to form a higher committee for scrutiny and payment of those dues, whether more than ten million dinars or less and the exchange of principal without interest.
"He explained that" the This approval comes the interest of the Iraqi government to apply regulations and international obligations, including obligations of the Paris Club International on debt and the fulfillment of international obligations through the payment of debts owed by Iraq to give credibility in the economic relations between Iraq and the countries of the world, "noting that" the Committee on Economic Affairs has recommended to place debt of the foreign private sector to the Paris Club agreement in line with the orientations of the Iraqi government not to differentiate among creditors. "stressed that" the claims prove to be incorrect will be announced and referred to the judiciary, "pointing out that" the Supreme Committee for the liquidation of dues of the Iraqi private sector will establish a scientific mechanism for the exchange and the conditions necessary to verify the debt and follow-up of the launch of exchange. "
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Topic 3 has been read times
03/12/2011
BAGHDAD - Al Sabah
Cabinet decided to form a higher committee to audit and pay the dues of the private sector of local and foreign and international organizations, while stressing that the Committee on Economic Affairs recommended to place debt foreign private sector to the Paris Club agreement, pledged to refer the claims in debts, which proves to be incorrect to justice.
He said government spokesman Ali al-Dabbagh said in a statement issued by and received the "morning," a copy of it, "The Council of Ministers decided yesterday, to approve the adoption of the recommendation of the Committee on Economic Affairs on the entitlements of individuals and private companies of national and foreign and international organizations."
"The approval will take into account the the opinion of the Legal Department of the Secretariat of the Council of Ministers on the debt of the national private sector except for the membership of the Inspector General as illegal and that authorize the Commission to form a higher committee for scrutiny and payment of those dues, whether more than ten million dinars or less and the exchange of principal without interest.
"He explained that" the This approval comes the interest of the Iraqi government to apply regulations and international obligations, including obligations of the Paris Club International on debt and the fulfillment of international obligations through the payment of debts owed by Iraq to give credibility in the economic relations between Iraq and the countries of the world, "noting that" the Committee on Economic Affairs has recommended to place debt of the foreign private sector to the Paris Club agreement in line with the orientations of the Iraqi government not to differentiate among creditors. "stressed that" the claims prove to be incorrect will be announced and referred to the judiciary, "pointing out that" the Supreme Committee for the liquidation of dues of the Iraqi private sector will establish a scientific mechanism for the exchange and the conditions necessary to verify the debt and follow-up of the launch of exchange. "
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