NO. 21


Financial and Banking News

Financial Transfers

Prospects for Reconstruction of Iraq

With the liberation of Kuwait now seemingly assured, even if the course ofthe liberation is unclear, attention is focusing on plans for the post-warreconstruction and development of Kuwait and Iraq. Both King Fahd of SaudiArabia and Shaikh 'Ali Khalifa al-Sabah, the Kuwaiti Finance Minister, areinsisting that Iraq should pay reparations for damage caused as a result of theinvasion...