VOL. XXXIV

NO. 28

15-APRIL-1991

Financial and Banking News

Budgets & Revenues

Allied Pledges to US War Costs "Adequate"

Allied financial pledges are sufficient to cover 75% of the incremental costsincurred by the US as a result of the deployment and war in the Gulf, accordingto Mr. Les Aspin, the Chairman of the US House of Representatives Armed ServicesCommittee. In a personal report issued on 8 April, Mr. Aspin says that providedthe pledges are fulfilled, they will represent an adequate...