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Aswat Al Iraq /  Politics ,  Economy ,  Baghdad
Iraqi funds immunity ends next May
1/30/2013 3:01 PM

BAGHDAD/ Aswat al-Iraq: Iraqi Cabinet confirmed today that the immunity on Iraqi funds in foreign banks will end on 22 May, 2013.

Cabinet advisor Fadhil Mohammed, in a press statement to Iraqi Media Network, disclosed the immunity imposed by the United States will end in that date.

He added that the Iraqi amounts abroad belonging to the Central Bank of Iraq reached to $65 billion, in addition to other governmental funds that will be regained after lifting the immunity.

Iraq paid 3500 trade debtors with the amount of $2.7 billion, to protect its funds from external manipulations.


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