Finance Minister Urges Italians to Tackle Debt Issue

Finance Minister Baqer al-Zubaidi urged the Iraqi ambassador on Monday to tackle the debts issue with Italy and to encourage companies there to invest in Iraq, according to a statement of the finance ministry.

“Al-Zubaidi urged the new Iraqi Ambassador, Saad Qandi, to discuss the $850 million debts owed by Iraq,” said the statement received by Aswat al-Iraq news agency, noting that Italy is the only European country which did not write off its debts to Iraq.

“The minister highlighted the importance of encouraging Italian companies to take part in reconstructing Iraq,” it added.

( Aswat Al Iraq )

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