Iraq: Oil revenues boom with higher prices as Kuwait compensation ends


Risk Management
Issue 1142 - 03 Mar 2022 | 4 minute read

GSN Risk Grade: D4↓

Recent developments-

Kuwaiti compensation: The UN Security Council (UNSC) voted unanimously on 22 February to end compensation payments from Iraq to victims of the 1990 invasion of Kuwait. Iraq has paid $52.4bn to 1.5m claimants since the system was set up in April 1991.

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