VOL. XXXV

NO. 47

24-AUGUST-1992

Financial and Banking News

Saudi Debt

Saudi Debt Burden Will Be Large but Manageable in Mid-1990s

Debt servicing will become a significant feature of Saudi financial policy in the mid-1990s as repayments start to fall due on some $15bn of medium-term loans taken out during the last two years.However, recent reports that the Kingdom may have difficulty servicing these debts present an un-necessarily alarmist view. Despite the doubling of the Kingdom's medium-term...