Middle East Economic Survey

VOL. XLVII

No 43

25-October-2004

Iran Claims $97.2Bn Reparations From Iraq, Complicating Debt Negotiations As IMF Completes Economic Assessment

MEES learns from authoritative sources that Iran last month sent a letter to the IMF asking that it be considered in the Iraqi debt assessment for the sum of $97.2bn to cover reparations for the 1980-88 Gulf war. The claim for compensation could not have come at a worse time for Iraq which is now engaged in the politically...