Iraqi National - WNA / Wednesday April 16, 2014 / Baghdad / Economic Commission considered in the House of Representatives project file ending Iraq's foreign debt is a positive step for the development of the Iraqi economy.
A member of the Economic Commission Salman al-Musawi: The meetings and discussions of international repeated with Iraq to end the file of the foreign debt is a positive step for the recovery of the Iraqi economy by encouraging foreign companies to invest and bring in foreign capital to Iraq, stressing that it will lead to strengthening the dealings of the banks with the Iraqi counterpart foreign. "
He pointed to the existence of a large number of countries have reduced their debt, such as the United States, Cyprus, Denmark, Russia, Bulgaria, Tunisia, Serbia, Algeria, and this reassures investors and international financial institutions when Iraq wants to borrow them.
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