VOL. XLVI

No 15

14-April-2003

IRAQ

Iraqi External Debt Stands At $104-129Bn, Says Report

Iraqs external debt stands at $103.5-129.4bn, according to a recent report compiled by Richard Segal of Exotix, a London-based specialist emerging market debt trading firm. Iraqs uncertain debt obligations are just one of the many problems which will face the country as it tries to rebuild following the fall of Saddam Husains regime. Iraq borrowed heavily during the 1980s to help finance its war with Iran, and...