Algeria Cancels Iraq’s Debt

Official sources confirmed that the Algerian government decided to cancel Iraq’s debt, according to reports from Eye Media.

The amount of the debt was not specified.

According to media sources in Baghdad, the Iraqi foreign minister, Hoshyar Zebari, received a letter from the Minister for Foreign Affairs of Algeria, Mourad Medelci, informing him of the cancellation all Iraqi debts to Algeria.

(Source: Eye Media)

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One Response to Algeria Cancels Iraq’s Debt

  1. Nibras Hadi July 27, 2011 at 3:31 am #

    Thank you Algeria.. If only Kuwait would follow suit