Financial and Banking News
BUDGETS AND REVENUES
Mid-East Foreign Debt Up 10% to $186bn in 1987
The foreign debt of 18 Arab countries plus Iran has increased in aggregateby 9.6% to reach a total of $186.4bn at the end of 1987, according to statisticscompiled by the Organization for Economic Cooperation and Development (OECD) inParis. The figures, published last month as "OECD External Debt Statistics:The Debt and Other External Liabilities of Developing, CMEA and...