Egypt

Iraq to pay US$60 mln in unpaid dues to Egyptian workers

Iraq has reportedly agreed to release  US$60 million in unpaid dues to Egyptian workers, Iraqi Planning Minister Ali Youssef Shokry said at a press conference on Monday.

Shokry said that he agreed with his Egyptian counterpart Ashraf al-Araby to pay Egyptian workers who left Iraq after 1990. The Iraqi and Egyptian central banks would coordinate to facilitate the transfer of those dues, according to a database of workers' records.

Iraq would commit to turning the money over after the necessary legal procedures and agreements are finalized, Shokry said.

The joint Egypt-Iraq commission will hold its first meeting in April in Egypt.

Edited translation from MENA

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