VOL. XXXV

NO. 21

24-FEBRUARY-1992

Financial and Banking News

Regional Financing

Algeria Asks Gulf States for Loans, Plans New Reform Package

Algeria's Foreign Minister, Mr. Lakhdar Brahimi, has visited all six GCCstates seeking loans to help Algeria's struggling economy. Early reports on thevisit indicated that the GCC members were sympathetic to Algeria's needs, but nospecific loans or facilities were mentioned. Algeria's new government needs tobuy imports to try to head off mounting unrest at...