Kuwait says $11.2b in Iraq war reparations due




Kuwait says $11.2b in Iraq war reparations due

May 1, 2013

Kuwait City: Kuwait has received $2.43 billion (Dh8.92 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 Gulf nation 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 Khalid Al Mudhaf as saying.

Speaking before the Geneva-based UN Compensation Commission, Al Mudhaf called on Baghdad to continue to deposit five per cent 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 Iraqi troops were driven out of Kuwait in 1991 following a seven-month occupation.


 














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