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Iraq's Foreign Debt Subject of Debate

Some lawyers and economists estimate that Iraq's foreign debt tops $100 billion. Some economists say much of the debt should be forgiven so Iraqis can rebuild their nation all the faster. But creditor-nations likely would balk at sweeping debt forgiveness. NPR's Scott Horsley reports.

Copyright 2003 NPR

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Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.