Saudi Arabia denies writing off Iraq’s debt

The Saudi Foreign Ministry denied late last night claims that it would be writing off debts owed to it by Iraq.

According to the Saudi Press Agency, an official source in the Foreign Ministry commented on the news story posted on the Iraqi Foreign Ministry’s website that quoted Saudi Foreign Minister, Adel Al-Jubeir, revealing Saudi Arabia’s intention to write off Iraq’s debts to Saudi Arabia. He denied the claims.

Read more: Saudi Arabia plans to write off Iraq’s debts, resume direct flights between two countries

The SPA noted that the source also stressed Saudi Arabia’s keenness to establish better relations with Iraq and intensify contact between the country’s high-level officials. This was reflected by the meeting between King Salman Bin Abdulaziz and Iraqi Prime Minister Haider Al-Abadi on the sidelines of the latest Arab Summit held in Jordan on Wednesday.