BAGHDAD: Iraq estimates that it will complete reparations payments to neighboring Kuwait in 2015 for Saddam Hussein’s 1990 invasion, Foreign Minister Hoshyar Zebari said.
Kuwait has so far received around $ 30 billion in war reparations, out of about $ 41 billion, a figure decided by a UN body after Iraqi troops were driven out of Kuwait in 1991 following a seven-month occupation. Baghdad currently pays five percent of its oil and gas revenue into a special UN fund that pays the compensation.
“If we continue at this pace, I think that in 2015, after paying all the war compensation, Iraq will be completely removed from Chapter 7,” Zebari said at a news conference in Baghdad.
Kuwait war reparations to finish in 2015
