VOL. XXXIV
NO. 23
11-MARCH-1991
Financial and Banking News
Budgets & Revenues
Kuwaiti Officials Deny Reports of Plan to Raise $20bn
Senior Kuwaiti officials tell MEES that a report in the Financial Times ofLondon suggesting that Kuwait is about to announce plans to borrow up to $20bnto finance reconstruction. The report, which appeared on 8 March, referred toKuwaiti officials saying that Morgan Guaranty of the US was set to lead thefund-raising and that a decision on the borrowing was likely to...
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