Iraq restores $4m bad debts from Jordanian bank

Mubasher: Iraqi Ministry of Finance said that it received the first installment of $4 million bad debts from a Jordanian bank.

The office of the Inspector General of the ministry said in a statement that it negotiated with Jordan’s Rafidain Bank to restore Iraqi bad debts worth a total of $8 million.

The second installment will be collected in May 2016.

 

Mubasher Contribution Time: 30-Nov-2015 06:50 (GMT)