According to information obtained by RIA Novosti, at the G-20 meeting of finance ministers and heads of central banks in Berlin, Russia, as a member of the Paris Club, has still not given the "green light" to the stage-by-stage reduction of the Iraqi debt.
Russia and the United States are currently conducting negotiations on this issue.
German Finance Minister Hans Eichel announced on Saturday that major creditors of Iraq had agreed to reduce 80% of its debt. According to Mr. Eichel, the debt is scheduled to be reduced in three stages: 30% -- immediately, another 30% -- in the framework of a new IMF program for Iraq, and the remaining 20% -- after the implementation of the IMF program.
The United States and Germany are considered the main creditors of Iraq.
