NO. 45


Financial and Banking News

Regional Financing

France to Reschedule Lebanese Military Debts

France has agreed to reschedule military debts owed to it by Lebanon,following a visit to Paris by the Lebanese Prime Minister, Mr. Rashid Solh.Lebanon will repay roughly 10% of the FF500mn ($100mn) outstanding this autumn,and will make two further payments of roughly the same amount during the secondhalf of 1993. The remaining military debt will be scheduled for repayment over...