Iraq: Paris Club Debt Relief

Description:

Iraq’s public debt was estimated to be US$120.2 billion in nominal value as of the
end of 2004. The debt owed to Paris Club creditors as of December 31, 2004, was
estimated to be US$38.9 billion. The U.S. share of this amount is around $4 billion.
Non-Paris Club countries, mostly Persian Gulf countries, are owed around $60 - $65
billion. The remaining debts are to private commercial creditors. Iraqi debt relief is a
high priority for both the President and Congress (H.R. 2482). This report will discuss
efforts to implement Iraqi debt relief and highlight some policy concerns.

Creator(s): Weiss, Martin A.
Location(s): Iraq
Creation Date: November 22, 2004
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
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Creator (Author):
Weiss, Martin A.

Analyst in International Trade and Finance

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: November 22, 2004
Coverage:
Place
Iraq
Description:

Iraq’s public debt was estimated to be US$120.2 billion in nominal value as of the
end of 2004. The debt owed to Paris Club creditors as of December 31, 2004, was
estimated to be US$38.9 billion. The U.S. share of this amount is around $4 billion.
Non-Paris Club countries, mostly Persian Gulf countries, are owed around $60 - $65
billion. The remaining debts are to private commercial creditors. Iraqi debt relief is a
high priority for both the President and Congress (H.R. 2482). This report will discuss
efforts to implement Iraqi debt relief and highlight some policy concerns.

Physical Description:

6 Pages.

Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text