VOL. XXXIV

NO.16

21-JANUARY-1991

Financial and Banking News

Gulf Crisis

Kuwaiti Officials Well Prepared to Organize Post-War Reconstruction

The damage inflicted on Kuwait by Iraq between 2 August 1990 and earlyJanuary will cost $20bn to restore, according to Mr. Fawzi Sultan, the head ofthe committee planning the reconstruction of Kuwait. This figure only coversrestoration costs which have been identified by the Kuwaiti team, and so may bean underestimate, and it does not take account of any damage...