Kuwait Agrees to Delay Reparations

By John Lee.

Reuters reports that Kuwait has accepted an Iraqi government request to delay payment of $4.6 billlion in war reparations, pending further discussions in Geneva.

The reparations were imposed by the U.N. Security Council following Iraq's 1990 invasion of Kuwait, but the country's finances have been strained by the falling oil price and the cost of fighting the war against Islamist militants.

(Source: Reuters)

(Dollar image via Shutterstock)

5 Responses to Kuwait Agrees to Delay Reparations