Middle East Economic Survey
VOL. XLVII
No 25
21-June-2004
IMF Sustainability Analysis Advocates A Minimum Of 80% Iraq Debt Reduction
MEES learns that the latest IMF Iraq Debt Sustainability Analysis (DSA) calls for forgiveness of at least 80% of the countrys estimated debt of $121bn, and possibly even higher, if the country is to be able to meet its debt repayments in a sustainable manner. The report, signed by Iraqi finance officials, has been provided to the Paris Club and formed the basis of...
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