VOL. XXXIV

NO. 20

18-FEBRUARY-1991

Financial and Banking News

Loans & Issues

Initial Reconstruction of Kuwait Will Cost $700-$800mn, 171 ContractsSigned

The first stage of the reconstruction of Kuwait will take three months andwill cost $700mn-$800mn, says Mr. Ibrahim Majid al-Shahin, the Director of theKuwait Emergency and Recovery Program. Speaking at a press conference in Dhahranon 10 February, Mr. Shaheen said that the first phase would concentrate onrestoring essential services, such as...