VOL. XLVI

No 20

19-May-2003

IRAQ

US Continues To Urge Major Debt Write-Off For Iraq

The US is continuing to push for a major debt write-off for Iraq and is suggesting that it be treated like other post-conflict countries such as Serbia, which had 66% of its debt cancelled. The latest statements suggest that while the US is still seeking substantial forgiveness, it is possibly recognizing that the odious debt doctrine which was being proposed by some conservatives in the Bush administration to...