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Viewing cable 08ABUDHABI758, AMF SIGNS IRAQ DEBT RESCHEDULING

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Reference ID Created Released Classification Origin
08ABUDHABI758 2008-06-29 04:02 2011-08-24 16:30 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy Abu Dhabi 
VZCZCXYZ0013
RR RUEHWEB

DE RUEHAD #0758 1810402
ZNR UUUUU ZZH
R 290402Z JUN 08
FM AMEMBASSY ABU DHABI
TO RUEHC/SECSTATE WASHDC 1139
INFO RUEATRS/DEPT OF TREASURY WASHINGTON DC
 
UNCLAS ABU DHABI 000758 
 
SIPDIS 
SENSITIVE 
 
DEPT FOR NEA/ARP, NEA/I, EEB/IFD/ODF 
 
E.O. 12958: N/A 
TAGS: EFIN ECON IZ AE
SUBJECT: AMF SIGNS IRAQ DEBT RESCHEDULING 
 
1. (SBU) On June 24, Dr. Jassim Al-Mannai, Director General and 
Chairman of the Board of the Arab Monetary Fund told Econchief that 
he had recently signed a debt rescheduling agreement with Iraq's 
Minister of Finance in Jordan.  Iraq is currently the largest debtor 
to the AMF. 
 
2.  (SBU) In response to Econchief's question about whether this 
would allow Iraq to once again tap AMF funds, Al-Mannai explained 
that Iraq would need to demonstrate a repayment track record.  By way 
of illustration, he suggested that a positive one year repayment 
history could be sufficient. 
 
Quinn