VOL. XXXIV
NO. 26
1-APRIL-1991
Financial and Banking News
Regional Banking
Saudi Arabia and Kuwait Reassess Borrowing Plans
Saudi Arabia and Kuwait are reconsidering plans to raise billions of dollarsfrom international capital markets. Both countries are now expected to postponeor significantly change the approaches to borrowing which they adopted earlierthis year. Saudi Arabia has been negotiating a $3.5bn loan to pay for expensesincurred as a result of the Gulf crisis, while Kuwait was...
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