VOL. XXXV
NO. 31
4-MAY-1992
Financial and Banking News
Regional Financing
Kuwait Denies Reports of Intended New Borrowing
Recent speculation in the press regarding further borrowing in the name ofthe State of Kuwait is unfounded. MEES understands that the Kuwait InvestmentAuthority (KIA) recently held discussions in Kuwait with a number of US bankswith a view to drawing on around $100mn of export credits offered by the US. Thegovernment does not plan to raise additional balance of payments finance...
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