01 July 2016
Baghdad - Kuwaiti ambassador to Iraq, Ghassan Al-Zawawi announced the approval of Kuwait to postpone the date of Iraq's debt repayment for one year.

Zawawi said during a meeting with Finance Minister Hoshyar Zebari, according to a statement of the Ministry of Finance: "a financial guidance issued agreeing to postpone the repayment of Iraq's debt for a period of one year ending on the first of January 2018".

He added: "This directive was issued on the basis of brotherly firm relations between the two countries and the responsibilities of Kuwait within the international coalition aims to help Iraq to overcome its critical stage, from fighting Daash and lower world oil prices." 

© National Iraqi News Agency 2016