Iraq will repay its debt to Kuwait within 18 months says PM Haidar Abadi

Baghdad (IraqiNews.com) On Wednesday the Iraqi Prime Minister Haider al-Abadi announced that Iraq will meet all its financial obligations towards Kuwait within a year and a half.

The statement issued by al-Abadi’s Office said, “Iraq is determined to meet all its financial obligations towards the State of Kuwait and will repay the debt within a year and a half,”

“There is no need to open discussions about this matter.” Abadi said in the statement.

Kuwaiti Prime Minister Jaber Al-Sabah said last month that Kuwait is supportive of the security and stability of its neighbor and said he found a sincere desire by the Iraqi PM Haidar Abadi to fulfill the financial obligations of the country.