VOL. XXXV
NO. 11
16-DECEMBER-1991
Financial and Banking News
Regional Financing
Gabandi Does not Expect Further Balance of Payments Borrowing soon
Kuwait will not need another balance of payments loan in the near future,according to Mr. 'Abd Allah al-Gabandi, the Managing Director of the KuwaitInvestment Authority. Speaking on 12 December at the signing ceremony forKuwait's $5.5bn commercial loan, Mr. Gabandi said "I don't think we willneed to go to the market in the near future...I think we will...
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