NO. 33


Financial and Banking News

Budgets & Revenues

Developing Country Debts to Soviet Union Disclosed

Details of debts owing to the Soviet Union from developing countries havebeen published in a weekly Soviet economic magazine. The figures show that Syriaowes 6.74bn roubles ($11.3bn at the official rate), Iraq 3.79bn roubles($6.38mn), and Algeria 2.51bn roubles ($4.22mn). The biggest debtor is Cuba,which owes 15.49bn roubles, while the second biggest, Mongolia, owes...