VOL. XXXV

NO. 49

7-SEPTEMBER-1992

Financial and Banking News

Regional Debt

Jordan Resumes Partial Repayments of Commercial Bank Interest

Jordan resumed partial repayments on its commercial bank debt on 1 September,following meetings between Finance Minister Basil Jardaneh and the London Clubsteering committee on 24-26 August. The two sides have also agreed a frameworkfor further negotiations on a Brady style debt reduction package. Bankers saythat final agreement between Jordan and the London Club...