NO. 43


Financial and Banking News

Budgets & Revenues

More Details Emerge on French-Iraqi Rescheduling

The rescheduling agreement signed between Iraq and France in mid-Julyinvolves a payment of $273mn, installments on which will start immediately,while the balance will be repaid over a six-year period beginning in 1993,according to the French financial daily Les Echos. The deal covers a total ofabout $875mn, repayments on which were to fall due during 1990. In September...