NO. 17


Financial and Banking News

Regional Banking

Debate in Kuwait on Proposed Financial Reforms

Proposals to reform the Kuwaiti economy, including its financial sector,which have been accepted in principle by the government (MEES, 18 December,1989) have stirred up an increasingly public debate in financial circles inrecent weeks. Two issues are at the heart of the debate: one is the proposal towrite off the bad debts of "small" debtors currently covered by theDifficult...