The payment brings the total sum of compensation paid to Kuwait to $ 30.15bn. A further $ 22.3bn is due to Kuwait. Most of the latest round went to state and private companies, governments and international organisation, the UN Compensation Commission said in a statement.
Following the 1991 invasion of Kuwait by Saddam Hussain’s regime, Iraq is required to put 5% of its oil and gas revenues into the UN reparations fund.
As it has struggled with insecurity and a raft of economic problems since 2003, Iraq has been appealing for its payments to be reduced.
