NO. 5


Financial and Banking News

Iraq's Financial Obligations Could Cripple Economic Prospects, Says IraqiEconomist

The effect of Iraq's future financial obligations on its growth and importcapacities is the subject of a study currently being undertaken by Iraqieconomist Sinan Al-Shabibi.* These obligations, which are basically the resultof the two devastating wars in the past decade, concern payments for the UNreparations fund and for servicing a huge external debt. Once...