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Kuwait: Iraq Owes $11.2 Billion In War Reparations

Apr. 30, 2013 - 03:30PM   |  
By AGENCE FRANCE-PRESSE   |   Comments
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KUWAIT CITY — Kuwait has received $2.43 billion in war reparations from Iraq since the start of the year and is still owed another $11.2 billion, a senior official in the Guly emirate said on Tuesday.

Kuwait received $1.3 billion in January and $1.13 billion on April 25, the official KUNA news agency cited Compensation Claims Commission chief Khaled al-Mudhaf as saying.

Speaking before the Geneva-based UN Compensation Commission, Mudhaf called on Baghdad to continue to deposit five percent of its oil revenues into the fund to ensure regular payments.

Kuwait has so far received about $30 billion in war reparations out of about $41 billion decided by the UN compensation body established after Iraq

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