NO. 19


Financial and Banking News

Loans & Issues

Jordan Reschedules Soviet Debt

Jordan and the Soviet Union last week reached agreement on $214mn worth ofJordanian debt repayments due in 1989 and 1990. $42mn worth of the debt -representing interest due in 1989 and 1990 and the bulk of arrears - has beencovered by a barter agreement specifying exports of $20mn worth of rockphosphate as well as white cement, shoes, detergents, chemicals, clothes,cosmetics and other...